Update: Tango Gameworks was purchased by South Korean publisher Krafton.
It feels like the rug has been pulled out from under the gaming industry. In the past couple of months, we’ve seen the closure of several game development studios. Deviation Games, Ridgeline Games, and now Arkane Austin, Tango Gameworks and Alpha Dog Studios have announced they’re shutting down. The news of Arkane Austin’s closure, a studio that brought us immersive worlds like Dishonored and Prey, highlights a crucial point: in today’s dynamic industry, taking charge of your job security is more important than ever.
Understanding Arkane Austin’s Closure
The news of Arkane Austin’s closure hit the gaming community hard. This studio, with nearly two decades of experience, had gifted us immersive worlds like Dishonored. Their games weren’t just entertainment; they were portals to fantastical possibilities, built with passion and dedication.
While the official reasons for the closure remain unclear, some factors paint a possible picture:
- Fiscal Year-End Alignment: The closure coincided with Microsoft’s fiscal year-end. This is a time when companies often re-evaluate finances and potentially prioritize cost-cutting measures.
- Redfall’s Performance: Redfall’s launch, unfortunately, didn’t meet expectations. Both critical reception and commercial performance fell short, leading to potential financial losses.
- Development Turnover: Reports suggest a significant turnover in staff during Redfall’s development. This can negatively impact project cohesion and potentially lead to higher development costs.
These factors, combined, might have unfortunately made Arkane Austin a target for restructuring in a challenging financial climate. As an employee, knowing the reasons behind company closures can help you evaluate the stability of your own workplace more accurately.
Taking Charge of Your Career: Strategies for Job Security
Job security, once a given, is no longer guaranteed. This doesn’t have to be a source of fear but rather a call to action. Here are some ways to make yourself an indispensable asset in this dynamic environment:
- Diversify Your Skills: Specialization is valuable, but versatility is king. Invest in learning new coding languages like C++ or Unreal Engine 5. A broader skillset opens doors to more projects and makes you a more attractive candidate.
- Level Up Your Project Management Skills: Studios need leaders who can keep projects on track and budgets in check. Online courses and certifications like the PMP (Project Management Professional) can equip you with the tools to excel in this crucial role.
- Be a Gaming Guru: Stay ahead of the curve by actively engaging with the industry. Attend conferences, devour gaming publications, and participate in online communities. Knowledge is power, and understanding the latest trends makes you a valuable asset.
- Monitor Company Health: Be aware of the financial health of the company you work for. If your company is losing money, especially in your department, it could be a sign of future job cuts. Understanding the financial landscape can help you make informed decisions about your career.
Fortunately, numerous resources are available to help you build your skillset. Many traditional colleges offer online programs to provide greater scheduling flexibility. Platforms like Coursera, Udemy, and edX offer a wealth of online courses. Additionally, industry certifications can showcase your expertise and dedication.
Don’t Overlook Working at Smaller Game Studios
The gaming industry is a living organism, constantly evolving. While established companies might be downsizing, a new breed of smaller, independent studios is thriving. These studios are pushing creative boundaries, unburdened by the weight of tradition. Their profitability is inspiring.
These games exemplify the creativity and innovation that indie studios bring to the gaming industry, often achieving significant success despite limited resources compared to larger studios.
- Pocketpair’s Palworld has been a standout success, with sales surpassing $25 million units. The game, which features a blend of open-world exploration and creature collection, has captivated a global audience, demonstrating that indie titles can compete with AAA games in terms of popularity and revenue.
- Lethal Company is a co-op survival horror game set in a procedurally-generated environment where players explore haunted lunar tunnels for loot. Developed by an indie studio, the game surpassed $28 million in sales. Despite its early access status and some graphical and gameplay rough edges, Lethal Company has been praised for its intense atmosphere and engaging gameplay loop.
- Last Epoch is an action RPG that combines time travel elements with deep character customization. Surpassing $33 million in sales, the game has received positive reviews for its engaging combat system, extensive build options, and regular content updates. Last Epoch’s success is a testament to the growing popularity and quality of indie RPGs in the market.
This changing landscape presents both challenges and opportunities. Companies need to adapt to shifting consumer trends and stay profitable. But for you, the employee, it’s a chance to take charge of your career.
Protect Yourself
By actively developing your skills and staying in tune with the industry, you become more than just an employee. You become a force to be reckoned with. The future of the gaming industry might seem uncertain, but remember, you have the power to shape your own career path. By taking charge of your skillset and staying adaptable, you can navigate this evolving landscape and ensure your job security in the gaming industry.
