Netflix's Digital Playground Faces a Setback
Netflix, typically the harbinger of your weekend binge sessions, is making headlines in a less cozy, blanket-on-the-couch kind of way. Their gaming division has recently become the talk of Silicon Valley, with reports of significant layoffs at Night School Studio, a gem in Netflix's gaming crown.
Amidst a bustling tech landscape, Netflix expanded its empire beyond series and films, acquiring the Oxenfree developer back in 2021. But like any binge-session in the midst of an internet outage, not everything goes as planned. The move signifies yet another tremor in the rocky tech terrain beset by budget cuts and strategic pivots.
Game Over for Some
So, what's unfolding backstage at Night School Studio? Founded in 2014, this studio captured gamers' hearts with narrative-driven hits. Yet, despite rave reviews and player loyalty, the team finds itself bracing for changes, as Netflix wields the cost-cutting scalpel.
In an almost poetic spin of fate, Night School had unveiled the sequel to its beloved game, Oxenfree II: Lost Signals, earlier this year. But like a lush meadow unceremoniously turned into condos, segments of the studio’s talent pool are being redirected.
Netflix isn't simply playing solo in this gaming expansion quest. The streaming mogul joined an industry sprinting towards cloud-based games and mobile-first experiences. However, Netflix finds itself contending with market titans blessed with bigger war chests, players like Microsoft and Sony, who never skip a console generation.