Gaming platform Roblox cuts 30 jobs

San Francisco: Gaming platform Roblox has reduced a significant portion of its talent acquisition team by laying off around 30 employees, indicating a shift in the company’s focus from expansion to the bottom line.

According to TechCrunch, the employees were let go on Monday. No other teams were affected by this layoff. “The aggressive growth targets Roblox was operating against in the past few years required a heavier investment in our TA organisation,” a Roblox spokesperson was quoted as saying.

“With our commitment to getting our cash compensation growth in line with our bookings growth by the end of Q1 2024, we now need a smaller Talent Acquisition (TA) organisation to meet our adjusted hiring needs. This action is the result of the reduction in our hiring targets to better align with our growth goals,” it added.