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Heard it was a pretty broad sweep across several departments in Hunt Valley. There's a lot of speculation it wasn't just gaming, but that some of the enterprise software and cloud services teams also saw significant cuts. Apparently, there were some reorgs happening simultaneously, which made things even more unclear for people on the ground. Definitely a tough day for many.
My understanding, purely from what's being whispered, is that it was a mix. While gaming was certainly a factor, some of the deeper tech and R&D divisions in that area also experienced reductions. It seems like they're consolidating resources and shifting focus towards areas with higher projected growth. Not ideal for those affected, but that's the general vibe I'm getting.