The video games industry is set to grapple with persistent challenges throughout 2024 and potentially into 2025, as leaders in the field anticipate closures, layoffs and restructures. “If 2023 was the year of layoffs, 2024 will be the year of closures. Not just developers, but publishers, media, service companies… There are just too many unprofitable businesses in video games. We’re looking at up to two years of pain,” the CEO of a public company told GamesIndustry.biz. See Also: Layoffs Hit One-Third Of Game Developers In 2023: Survey Shows Devs Rally For Unionization, Questions About AI, B…