“Despite this popularity, we never quite figured out how to make Rec Room a sustainably profitable business,” the company said in a statement. “Our costs always ended up overwhelming the revenue we ...

Rec Room has announced a brand-new cross-platform expansion, as the game has finally come to the Nintendo Switch. The game hasn't launched just yet; today is basically the official announcement for ...

Snap has acquired select assets from Rec Room Inc., with some employees joining the Spectacles hardware subsidiary, as the Seattle-based social gaming company shuts down its platform on June 1.

GeekWire chronicles the Pacific Northwest startup scene. Sign up for our weekly startup newsletter, and check out the GeekWire funding tracker and VC directory. by Taylor Soper on Aug 25, 2025 at 9:52 ...

Social VR platform Rec Room announced it’s laying off around half of its staff, citing low-level content which has flooded the platform from users on mobile and console. Founded in 2016, the studio ...

It's the end of an era for those gamers who loved to hang out in the virtual reality multiplayer game Rec Room. On March 30, 2026, developers posted an update on blog.recroom.com announcing that the ...

Rec Room, the social gaming platform once riding high on a $3.5 billion valuation (now that’s a price tag), is now laying off “roughly half” its team. That’s not a pivot—that’s a full-blown reset.