Gameskraft on laying off over 80% of its workforce: ‘The decision was driven by…’

Gameskraft has drastically cut its workforce, laying off over 400 employees, more than 80% of its staff, due to a new law impacting real-money gaming. The company cited a fundamental shift in the operating environment. Affected employees are receiving compensation packages, including severance and extended insurance. This follows earlier layoffs and a complaint against its former CFO.