Developer Rec Room Lays Off 'About Half' Its Staff

Developer Rec Room lays off 'about half' its staff

Developer Rec Room has issued a statement announcing layoffs at the studio, which are affecting "about half" of the team.

Social VR Platform 'Rec Room' Lays Off Half Its Staff Amid Surge of Low-Quality Content

Social VR platform Rec Room announced it’s laying off around half of its staff, citing low-level content which has flooded the platform from users on mobile and console. Founded in 2016, the studio was once valued at $3.5 billion following its most recent funding round in 2021, which brought the Seattle-based company $145 million, making it one of the most valuable XR companies to date. As an early adopter of user-generated content (UGC), Rec Ro…

Rec Room Halves Staff After 'Pushing A Giant Vision We Couldn't Realistically Deliver'

The founders of Rec Room say they reduced headcount by half.A blog post titled "A hard day at Rec Room" by Cameron Brown, signed at the bottom also by co-founder Nick Fajt, explains the new focus of the company. Departing employees will be paid three months with health benefits up to six months, the post said, and they can keep their computers.The post mentions going forward they aim to improve Rec Room originals like Paintball while "turning th…