Valve lays off 13 employees

Valve lays off 13 employees

"Last month, 13 full time employees were let go and a portion of our contractor agreements were terminated", said Valve. The statement goes on to say that "It's an unfortunate part of business, but does not represent any major changes at the company".

Lombardi went on to thank the former employees for their contributions to the company and wished them well in their future endeavors. Nat Brown, for example, was working on "an FPGA-based VR system architecture, allowing for a tethered or untethered VR experience", before he was made redundant on February 7. Another ex-worker, Rob Rydberg, who worked on virtual reality, used LinkedIn to reveal he'd also left in February.

Valve, the company known for games like "Half-Life" and "Counter-Strike", and even more famous for the Steam distribution platform for PC games, recently fired more than a dozen employees from an important division.

Although Valve laid off some of the people working on their VR initiatives, they clarified that they aren't in any way quitting on VR, Variety reported. Valve was working on new VR hardware as recently as previous year, though much of that work wasn't presented to the public.

It's worth noting that Valve's job openings page still lists several positions in hardware, engineering, and more specifically VR.

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Pakistan has taken some initial steps, like detaining 44 suspected militants, including the brother of JeM's leader Masood Azhar. However, the Prime Minister maintained that Pakistan's efforts for de-escalation should not be considered as it weakness.

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Commissioner Rob Manfred had the right to unilaterally implement a clock this season and was prepared to do so barring a deal. Morris wrote the limit was lowered during World War I, then reverted to 25, then cut to 23 in 1931 because of the depression.

"They fired like half the Valve hardware team recently", the anonymous poster noted.

The company also teamed up with HTC to develop the Vive headset.

Valve has taken an active role in developing VR technologies for gaming. In this case, keeping a hand in the development game has likely been essential to keeping Steam VR successful. Granted, I'm not too anxious about Valve's financial health, but it's generally good to check as an early sign of financial or structural issues involving the whole company. It's also possible that Valve could continue to work on SteamVR software but bow out of the hardware market.

For all that Valve's hardware efforts have mostly come to naught, VR does present a somewhat different issue. So if Valve is still working on VR hardware, we might also hear about it this year.

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