The EQT-owned video games services giant is cutting 128 jobs at the California base and the company’s London-based CFO is leaving the firm in August.
In recent months, the Chinese firm gradually reduced its headcount in Dublin with rounds of cuts. The last handful of employees were informed of redundancies in January.
The Russian-founded gaming company’s revenue fell in 2024 but the brothers behind it are pulling in major profits and banking healthy dividends.
Games companies secured a crucial modification to the digital games tax credit in Budget 2026 but industry says more work is to be done if it is to repeat the success of the film sector.
It’s a big mixed bag this year. The hospitality sector got its much anticipated Vat cut and R&D tax credits were expanded. Film and games will be happy but start-ups are left feeling cold.
Accounts filed in the UK show the Irish games company’s revenue grew to near €750m in 2024 but it swung to a notable loss as private-equity firm EQT closed its acquisition.
A year-long strike by video game voiceover performers in Hollywood, including at Keywords-owned Blindlight, has come to an end in a deal with Sag-Aftra.
The Irish video-game services giant saw a bumper exit to EQT last year. Since then, it has continued with job cuts globally and homed in on AI.
The mobile games company, founded in Russia and now based in Dublin, has appointed receivers to a company called Pinterpod, with which it shares a director.
The Russian-born Bukhman brothers moved Playrix to Ireland over a decade ago. Latest accounts show its mobile gaming business booking record revenues.
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