Thunderful Group, known for developing the popular SteamWorld series, recently announced a second round of restructuring that will result in the layoff of between 80 and 100 employees. This decision comes less than a year after the company’s initial restructuring efforts. The group, formed in 2017 after the merger of Image & Form and Zoink, has expanded to include other developers such as Coatsink and Jumpship.
The company’s decision to downsize its development team is aimed at ensuring long-term sustainability and resilience. Thunderful cited the need to reduce fixed costs and address negative cash flow as reasons for the layoffs. By shifting focus from in-house development to third-party publishing, the company hopes to streamline operations and achieve greater flexibility in game releases.
CEO Martin Walfisz expressed regret over the necessity of a second round of restructuring but emphasized the importance of ensuring the company’s future success. Despite recent setbacks with sales targets and revenue, Thunderful remains committed to delivering quality games to its audience. The upcoming release of SteamWorld Heist 2, following the mixed reception of SteamWorld Build, demonstrates the company’s dedication to innovation and growth in the gaming industry.
While the layoffs may be a difficult and challenging transition for employees, Thunderful remains optimistic about its future prospects. By leveraging external talent and resources, the company aims to continue producing engaging and diverse gaming experiences for its players. As the gaming landscape continues to evolve, Thunderful is adapting its strategies to stay competitive and relevant in the market.
Overall, the announcement of additional layoffs at Thunderful reflects the changing dynamics of the gaming industry and the need for companies to remain agile and responsive to market conditions. Despite the challenges ahead, Thunderful is committed to overcoming obstacles and emerging stronger from this restructuring process. With a renewed focus on external publishing and strategic partnerships, the company is poised to navigate the ever-changing world of gaming and deliver exciting new experiences to its audience.
