Despite having multiple games in production, developer CD Projekt Red plans to layoff roughly 100 employees by Q1 of 2024, the studio announced on July 26.
In a news release published on Wednesday, CD Projekt Red CEO Adam Kiciński explained the justification behind letting go nearly nine percent of the development team. “There’s no easy way to say this, but today we are overstaffed,” said Kiciński. “We have talented people on board who are finishing their tasks and — based on current and expected project needs — we already know we don’t have other opportunities for them in the next year. The outcome is the studio parting ways with around 100 people, which is roughly 9% of the entire team.”
The team restructuring at CD Projekt Red commences soon and will continue over the coming months into next year, affecting various teams within the company. “This will not be immediate as some employees will be let go as late as Q1 2024 but, in the spirit of transparency, we’ve chosen to share the information now. We want team members to have ample time to process and adjust to the change, and we’ve also made sure to offer everyone a comprehensive severance package.”
The next big release from CDPR is the anticipated Cyberpunk 2077 Phantom Liberty DLC, which is scheduled to release in September.