The tech industry’s layoffs and hiring freezes: all of the news
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Worms publisher Team17 loses its CEO, starts “period of consultation” ahead of restructuring.
Eurogamer and VG247 report a Team17 spokesperson confirms CEO Michael Pattison, who joined the company two years ago after leaving PlayStation, is out. In 2022, Team17 was one of the companies that announced plans for an NFT project, before backtracking.
In response to rumors of plans for layoffs with “tens of redundancies,” the statement says:
We can also confirm that we have sadly entered into a period of consultation today within Team17 Digital, with Astragon and Storytoys remaining unaffected by the restructuring plans.
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