VR studio Soul Meeting has laid off 15 % of its workforce.
Studio CEO David Solari confirmed the information in a assertion to UploadVR. “We are able to verify a discount in our crew by 15 %. This determination was taken to make sure the studio is aligned with the necessities of our upcoming initiatives,” he wrote.
“We’re offering assist to the affected crew members as they transition to new alternatives and thank them for his or her contributions. This step was essential to place the corporate for future success throughout a difficult time for the gaming trade.
Soul Meeting just lately partnered with Ubisoft to work on Simply Dance VR and has launched a litany of different VR titles together with Warhammer 40,000: Battle Sister and Drop Lifeless: The Cabin.
Final yr, it launched spatial puzzler Soul Spire completely for Apple Imaginative and prescient Professional.
The layoffs at Soul Meeting come months after UK-based VR studio nDreams introduced it will be slicing as much as 17.5 % of roles to resume its “strategic focus.”
Analysts imagine the buyer VR trade has entered a “difficult interval.” Client VR market researched printed by Omdia in December 2024 indicated that headset gross sales had declined by 10 % year-over-year to six.9 million items.
Omdia senior precept analyst George Jijiashvili mentioned the market is predicted to say no additional in 2025.
“The patron VR market continues to face important challenges, with a number of indicators highlighting a scarcity of momentum and adoption,” wrote Jijiashvili on Sport Developer final yr.
“The extremely anticipated Apple Imaginative and prescient Professional debut has did not ship the resurgence the trade hoped for, with restricted developer enthusiasm and fading momentum ten months post-launch. In the meantime, Meta’s current entry-level Quest 3S has but to spark a notable gross sales increase.”
Omdia and Sport Developer are sibling corporations underneath InformaTechTarget.
