[ta201809]

This sounds very similar to the layoffs that happened with ML and computer vision staff at Shutterstock. I heard it was a super unprofessional sudden thing, poor severance, no continuation of benefits, happening to teams that just had been praised for being high performers for short term business critical product deployments.

It’s not a gaming industry thing, and no job segments are safe from this kind of thing. Just a reminder to insist on a clearly stated severance package when you join, and walk away if an employer won’t offer that to you, no matter what you think about your personal leverage in the situation or your seniority or anything else. When it comes to generous severance that is stated in the employment agreement, do not take no for an answer.

[yodon]

If the company burns through all its cash and craters in a financial implosion of bankruptcy and debt like this it's unlikely to matter whether you had a generous severance plan called out in your employment agreement. The best you could hope to do is get in line with the other unsecured creditors for your share of the tiny leavings left after the Aeron chairs are sold at auction.