Thunderful Group, a company group that includes the developer behind SteamWorld Build, and publishers of a huge number of indie games, has announced a restructuring that will see around 20% off its staff laid off.

2023 was a terrible year for layoffs in the games industry, and less than a month in, 2024 is already following a similar trend, with major layoffs at both Discord and Twitch in the last week. Just the latest company to announce impending layoffs, Thunderful Group is a Swedish company whose subsidiaries develop, publish, and distribute games and related products.

"The [restructuring] program aims at lowering costs and increasing focus on areas with the best future growth and profitability prospects," Thunderful's statement reads. "Actions will include both significant staff reductions and evaluation of divestment of non-strategic assets."