Tilting Point Cuts 20% of Workforce Due to ‘Tough’ Market

What’s happening at Tilting Point?

Tilting Point, a leading mobile game publisher, has confirmed plans to reduce its workforce by up to 20%, affecting approximately 90 employees. The layoffs will impact staff across its global offices, which are located in Boston, Barcelona, Kyiv, Los Angeles, New York, Seoul, and San Diego. The company currently employs around 450 people, with some staff working out of Vancouver, B.C.

The layoffs were first reported by MobileGamer.biz. Notable games produced by Tilting Point include Star Trek Timelines, SpongeBob: Krusty Cook-Off, Narcos, and Astrokings, along with titles on Netflix and Apple Arcade.

Official statements

Kevin Segalla, founder and CEO of Tilting Point, acknowledged the difficult market conditions:

• “As anyone watching the games industry is acutely aware, the current market is tough and it has impacted us as well.”
• “We have done everything we can to maintain the shape of the business as long as possible, however, we have come to a point where we have had to make some difficult decisions in order to continue operating a healthy ongoing company.”
• “Unfortunately, this includes layoffs of some of our amazing colleagues in different parts of the organization. We are making every effort we can to support those who are departing, including helping outgoing employees to find new positions and creating a Tilting Point Alumni network, where alums can support and refer employees to their current and new employers.”

Impact in Canada

It remains unclear exactly how many Tilting Point employees in Canada will lose their job as a result of this layoff.

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📞 Contact Samfiru Tumarkin LLP: 1-855-821-5900 or request a consultation online.

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If you’ve lost your job at Tilting Point for any reason, don’t panic. We can review your situation, assess your legal options, and help you secure the compensation you’re legally entitled to.

Major layoffs continue

The job cuts come amid a flurry of layoffs in 2024.

Big names, including Wells Fargo, Intuit, Goldman Sachs, UiPath, Dyson, Vancity, Stifel, SAP Canada, Netflix, AmDocs, EXL Service, Best Buy, Relic Entertainment, Ubisoft, Intel, Amazon, and Telus, have pulled out the axe as they continue to navigate challenging economic conditions.

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Lost your job? Talk to an employment lawyer

If you have been fired or let go for any reason, contact the experienced employment law team at Samfiru Tumarkin LLP.

Our lawyers in Ontario, Alberta, and B.C. have successfully represented tens of thousands of non-unionized individuals.

In addition to severance package negotiations, we can assist you on a broad range of employment matters, including:

If you are a non-unionized employee who needs help with a workplace issue, contact us or call 1-855-821-5900 to get the advice you need and the compensation you deserve.

Disclaimer: The materials above are provided as general information about the rights of non-unionized employees in Canada. It is not specific to any one company and should not be read as suggesting any improper conduct on the part of any specific employer, or a relationship between Samfiru Tumarkin LLP and a specific employer.