Video game developer CD Projekt Red cuts 100 jobs

Video game developer CD Projekt Red (CDPR), which developed franchises like The Witcher and Cyberpunk, has announced to lay off nearly 9 percent of its workforce, or around 100 people.
Marketing automation for tech job“There’s no easy way to say this, but today we are overstaffed. We have talented people on board who are finishing their tasks and — based on current and expected project needs — we already know we don’t have other opportunities for them in the next year,” CD Projekt CEO Adam Kicinski said in a blog post on Wednesday.

The company also said that the job cuts will not be immediate as some employees will be let go as late as Q1 2024.

“We want team members to have ample time to process and adjust to the change, and we’ve also made sure to offer everyone a comprehensive severance package,” the company mentioned. The studio has a big slate of projects in the works, such as Polaris (The Witcher franchise), Orion (Cyberpunk franchise), and Hadar (a new franchise).

In March, Electronic Arts (EA), a popular video game company, laid off around 6 percent of its workforce amid global macro-economic uncertainties.