Overview

• CEO Kevin Segalla cites tough market conditions as the reason for the layoffs.
• The company employs around 450 staff across multiple global locations.
• This is the second round of layoffs following a previous cut of 14% of staff in January 2023.
• Tilting Point has a history of acquisitions, including Disruptor Beam and Loop Games.
• The company plans to support affected employees by helping them find new positions.