Game Over For Some at 10:10 Games Following Funko Fusion’s Underperformance
The video game industry, known for its highs and lows, experienced a painful blow recently as 10:10 Games, the studio behind the Funko Fusion game, was forced to lay off approximately 20 employees. This news comes as a stark reminder of the industry’s inherent volatility and the impact of commercial failures on dedicated teams.
Funko Fusion, a title based on the popular "Funko Pop!" toy line, launched in 2024 to lackluster reception. Sources within the company, speaking anonymously to Insider Gaming, revealed that the game’s underperformance directly led to funding issues, ultimately forcing the studio’s hand. “Management seemed eager to expedite the process, yet despite their claims of being open to feedback, no suggestions were considered,” remarked an anonymous employee. This lack of open dialogue exacerbated the situation, leaving many feeling unheard and unsupported during a difficult period.
The layoffs have left many employees with minimal severance packages, receiving only statutory entitlements and outstanding leave payments. Some employees were even informed of their job insecurity while on vacation, requiring them to participate in critical meetings about their future employment from different time zones.
This unfortunate event adds to the growing tally of job losses in the gaming industry in 2025. Estimates suggest that approximately 900 positions have been cut across the sector, a concerning trend highlighting the industry’s current challenges.
Lessons Learned: Navigating Uncertainty in the Gaming Industry
The situation at 10:10 Games offers valuable lessons for other studios navigating the volatile world of video game development.
The case highlights the importance of:
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Agile Financial Strategies: Recognizing the inherent risk in game development, studios must possess flexible financial plans that can weather unexpected storms like underperforming launches.
- Adaptive Workforce Management: Building a workforce that can adapt to changing needs is crucial. This might involve exploring alternative employment models or implementing strategies for workforce reduction that prioritize transparency and employee well-being.
- Open Communication Channels: Maintaining open lines of communication between management and employees can foster trust and provide valuable insights during challenging times.
While the setback for 10:10 Games is deeply unfortunate, particularly for the 20 employees impacted, it also serves as a critical reminder for the industry at large. By prioritizing financial stability, fostering a culture of open communication, and demonstrating empathy towards its workforce, the gaming industry can better navigate future uncertainties and create a more sustainable future.