Employment trends and layoff analytics for the Interactive Media & Services industry.
501
Total Affected
Since Jan 2024
1
Layoff Events
Across all companies
1
Companies
With layoffs
501
Avg per Event
Employees affected
0
ConfirmedCompany verified events
0
Multi-SourceMultiple source verification
0
Severance DataWith severance information
Layoffs Over Time
By Sector
Interactive Media & Services
501
Most Common Reasons
Gameskraft undertook a sweeping organizational restructuring, leading to significant layoffs primarily driven by business continuity concerns. This was a direct consequence of the enforcement of the 'Promotion and Regulation of Online Gaming Act, 2025' in India, which effectively banned real-money gaming and fundamentally shifted the operating environment, rendering several of the company's core verticals unviable. Additionally, the company was dealing with internal financial turmoil stemming from an alleged multi-crore fraud (approximately Rs 270 crore) perpetrated by its former Chief Financial Officer.
1 event
Most Affected Departments
Across teams and functions
501
Full-time and contractual staff
501
Most Affected Locations
Bengaluru
501
India
501
Companies in Interactive Media & Services
Recent Layoff Events
| Date | Company | Employees | Reason |
|---|---|---|---|
| Nov 8, 2025 | 501 (83.5%) | Gameskraft undertook a sweeping organizational restructuring, leading to significant layoffs primarily driven by business continuity concerns. This was a direct consequence of the enforcement of the 'Promotion and Regulation of Online Gaming Act, 2025' in India, which effectively banned real-money gaming and fundamentally shifted the operating environment, rendering several of the company's core verticals unviable. Additionally, the company was dealing with internal financial turmoil stemming from an alleged multi-crore fraud (approximately Rs 270 crore) perpetrated by its former Chief Financial Officer. |