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LTK: Layoffs
LTK conducted layoffs affecting a 'low, single-digit percentage' of overall headcount in February 2026, impacting roles from software engineers to creator-facing positions
Source: Fast Company
The leadership read
Workforce moves like this mark the contracting side of the sector hiring conditions.
Market context: This lands while the Talent Market Index reads 107.9 (Hot) — up 2.4 versus the prior month — and Americas signal share is rising (+15.4pts).
LTK: 1 signal in the last 90 days.
More signals across Americas
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Mars →Mars is closing a Nature's Bakery production facility and laying off 345 workers, just one year after opening a $237 million production facility to meet demand.
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Rackspace Technology →Rackspace Technology announced plans to cut approximately 15% of its workforce in 2026 to generate US$75–85 million in annual cost savings for reinvestment in AI infrastructure.
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OtherSide Entertainment →OtherSide Entertainment has executed a second round of layoffs, affecting 18 employees working on the Thick as Thieves title.
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Sony Interactive Entertainment →Sony laid off hundreds of developers at Bungie, the studio behind Destiny 2 and Marathon, during the same week PlayStation CEO Hideaki Nishino recommitted to live service game efforts.
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Ubisoft →Ubisoft eliminated 93 roles in its San Francisco office, as documented by California WARN notice filing.
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