Tag Archives: losses

Nokia is to make 3,500 more staff redundant as the embattled mobile communications giant continues its cost-cutting operation. The Finnish phones group has said it will cut some 1,300 jobs from its location and commerce division, and also close its Cluj factory in Romania, at the cost of another 2,200 …

Electronic Arts has closed its Visceral outfit in Melbourne, a local developer association has confirmed. As many as 21 workers have been made redundant as part of the move, according to a tweet from the Melbourne Chapter of the International Game Developers’ Association. EA has not officially commented on the …

Codemasters has announced that it is proposing to retire” its Guildford based development studio. The most recent game to come from the outfit was console and PC FPS Bodycount, which has proved to be both a critical and commercial flop. 66 people are employed by the studio, all of whom …

As many as twenty developers have been made redundant at Utah-based studio Avalanche, according to reports, as part of a substantial cutback operation underway at Disney. The Mickey Mouse media conglomerate has in the past year cut loose as many as 500 game dev jobs from its once-thriving development fleet. …

2K Czech, one of Europe’s leading triple-A studios, has lost more than 40 staff from a studio-wide redundancy operation. The job terminations have taken place across two studios operating under the 2K Czech brand. One group, based in Brno, has lost up to 40 developers, inside sources have told Develop. …

The Disney Interactive Media Group has seen losses decrease year-on-year, though the division still remains the only one at Disney to be operating at a loss. It does so despite an impressive rise in revenue, climbing 27 per cent year-on-year to $251m for the quarter ending June 2nd. Operating losses …

Future Publishing has confirmed to staff which titles are to be sold or closed as part of the recent job losses revealed by MCV last week – and the company’s video games teams have survived unscathed. The Guardian reports, however, that eight titles are less fortunate, with DVD & Blu-Ray …

Disney is closing its UK games development studio the publisher has confirmed to Develop this morning. Black Rock, the racing studio it bought from Climax in late 2006, will close after five years of Disney ownership. 40 remaining staff will be made redundant – the studio had already laid off …

Popular British outfit FreeStyleGames has survived Activision’s studio-wide cost-cutting operation, Develop understands. The DJ Hero developer is thought to have signed a new project with its owning publisher, after months of negotiating its survival. However, about thirty jobs are to go. For the full story, head over to sister site …

A number of staff have lost their jobs at Sony Computer Entertainment studio Zipper Interactive. It has not been confirmed how many have departed the studio, which made MAG and the SOCOM games, reports Kotaku. Approached for a comment by the website, a Sony spokesperson said the layoffs were a …