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Monday, December 26, 2022

Cloud Imperium Games Now Has 940 Employees

I originally planned on writing an article about Cloud Imperium's financial report for 2021. The company has neither posted the information on its corporate blog or filed its group of companies' accounts with the UK. But I did run across an article on Asia One published three weeks ago that provided information about the number of employees.

According to CIG's Chief Development Officer Erin Roberts, the company has almost 1000 employees.

"Right now, we have 550 people working out of the UK, we have 150 out of Montreal, we have 120 to 130 in LA, we've got about the same in Texas and Frankfurt's got about another 120... When you're paying for five offices worldwide and development costs and everything that comes with it, then it (the money) gets used."

At the end of 2020, CIG had 695 employees. Doing some napkin math, CIG spent $116,300 per employee in 2020. If that rate of spending applies this year, we can estimate CIG spent approximately $109 million in 2022. Given that the funding page has already recorded over $111 million for the year, 2022 looks to be another profitable year for CIG.

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