Tilting Point has confirmed to us that it is cutting up to 90 staff as part of plans to reduce its headcount by up to 20%.
The prolific mobile game publisher has around 450 staff across its offices in Boston, Barcelona, Kyiv, Los Angeles, New York, Seoul and San Diego.
Tilting Point’s biggest releases include Star Trek Timelines, Star Trek Legends, SpongeBob: Krusty Cook-Off, Narcos, Hidden Hotel and Astrokings. It also has several titles available through Netflix and Apple Arcade.
A PR rep passed us the below statement from Tilting Point founder and CEO Kevin Segalla:
“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. These layoffs could amount to as much as 20% of our global team. 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.”
The news follows a similar cutback in January 2023, when Tilting Point eliminated over 60 positions as part of a 14% reduction in its workforce.
