Roblox developer lays off 30 employees, all from recruitment department

According to news from this website on September 26, "Roblox" is a community game platform popular with children. According to the latest news, the company will lay off 30 people, all from the recruitment department, which marks Its focus shifted from expansion to profitability.

Roblox confirmed in a statement to foreign media TechCrunch that about 30 employees in its talent acquisition department were laid off on Monday, and no other teams were affected.

A Roblox spokesperson said: “The aggressive growth goals Roblox has achieved over the past few years require a greater investment in our talent acquisition department. However, as we commit to growing our revenue by the end of the first quarter of 2024 , aligning cash compensation growth with booking growth, now requires a smaller talent acquisition organization to meet adjusted hiring needs . This action is the result of our reduction in hiring targets to better It is well in line with our growth goals."

The company reported that the company has experienced a period of strong growth over the past few years, with its number of daily active users nearly tripling from the first quarter of 2020. Reaching 66 million at the beginning of this year. As its business has grown, it has invested more in compensating developers. As of the first six months of 2023, developer exchange fees (including fees paid by Roblox to creators who redeem in-game currencies) reached $348 million (note from this site: currently about 2.544 billion yuan), compared with 290 million in the same period last year US dollars (currently approximately 2.12 billion yuan).

While the number of users and time spent on the Roblox platform has grown, user spending has not. Average bookings per DAU in the second quarter were $11.92, down 3% year over year. Roblox remains unprofitable, with a net loss of $282.8 million in the second quarter of 2023, up from $176.4 million the previous year.

Roblox’s operations in mainland China, a joint venture it established with Tencent in 2019, appear to have been unaffected by this round of layoffs, the report said.

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