Tag Archives: cuts

Sony looking to cut $100m from Entertainment Division budget

Sony has enlisted management consultancy firm Bain and Co to find $100 million – about 62 million – in cuts, a person close to the firm has revealed. As part of the firms plan to make further cost savings and return itself to profit, the planned cuts will involve job …

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"Aggressive" EA licensing leads to PES 2014 cuts; Rain also missing

Konami has confirmed a couple of features that won’t make it into the extremely promising looking PES 2014. Chief amongst them is the omission of rain. Rain has not been implemented for 2014 as we had to overhaul the whole game and build it from scratch,” a memo posted by …

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Hubertz quits as Bigpoint cuts 120 jobs

Heiko Hubertz has left his role as CEO as German online gaming giant Bigpoint cuts over 120 jobs. However, intense competition and the expense of paying employees in San Francisco – the second most expensive city in the US – has led Bigpoint to conclude that developing games in the …

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After stock uncertainty and headlines comes the real cost of Zynga’s failure

Social games publisher Zynga has closed 13 of its studios resulting in the losss of around 100 jobs. The news was relayed to staff in a company-wide memo by CEO Mark Pincus which Zynga public relations reps also shared with the press. Specifically, the firm plans to: – Close down …

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PopCap co-founder deflects job loss vitriol from EA

The co-founder of PopCap has insisted that the job losses at his studio would have been considerably worse if it did not have the backing of EA. It was reported overnight that a number of jobs have been lost at the developer, backing up rumours that have been circulating in …

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26 jobs lost at Operation Raccoon City dev

Slant Six has announced that 26 employees at the studio have been given a choice between a temporary layoff and a severance package, as the developer seeks to cut costs while taking on additional projects. The studio’s latest release, Resident Evil: Operation Raccoon City, was considered a great success by …

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600 jobs lost at Blizzard

World of Warcraft house Blizzard Entertainment is to begin a global downsizing operation that will result in 600 job losses. The company claims that about sixty of these redundancies will come directly from game development, while the majority of redundancies affecting other areas of the business. Existing development and publishing …

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GAME confirms 46 job losses from Basingstoke HQ

Retail chain GAME has confirmed that it is to cut 46 jobs from its Basingstoke HQ, MCV can reveal. It comes as part of an internal restructure designed to expand upon GAME’s multi-channel offer and allow it to better to respond to the current video games market”. Current commercial strategy …

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Rumours point to mass layoffs at THQ

Online chatter pointing to an impending announcement of significant layoffs at THQ is quickly gathering pace. Talk intensified last night after analyst Kevin Dent claimed that the publisher would soon be announcing 170+ layoffs spread across its various operations. Note, though, that Dent was also the source of claims that …

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