Tag Archives: job cuts

Despite recording record profits, in large part thanks to EAFC's microtransaction sales, EA is now letting go of hundreds of employees across its studios, cancelling projects and shutting down at least one studio. We'll start off with the major cancellations. Respawn's in-development Star Wars shooter, claimed to be based on …

Over the past year, there have been plenty of layoffs at studios across the games industry. Unfortunately, this trend has continued into 2024. Following on from Microsoft's announced layoffs earlier this year, Sony is now cutting down its workforce at Sony Interactive Entertainment.  In an announcement today, penned by current …

Epic Games has always had a well-maintained position within the games industry thanks to the popularity of the Unreal Engine. However, the company has grown a huge amount over the last six years thanks to Fortnite. This has allowed Epic to rapidly spent large amounts of cash but the expenditures …

Microsoft is currently battling with regulators to push through its record-setting acquisition of Activision Blizzard in a deal worth roughly $70 billion. Despite the massive piles of cash Microsoft has at its disposal, the company is still shifting things around, with plans for roughly 1,000 layoffs in the coming months.  …

Back in 2019, Activision Blizzard underwent a round of lay-offs, losing hundreds of staff members. This year, the company has another round of job cuts on the way, this time focusing on the esports division, which has suffered due to the lack of live events over the course of the …

Update (27.03.19): Yesterday, EA announced plans to make some internal changes, which would result in 350 people getting let go. The job cuts mainly affect those working in publishing, marketing and analysis for the company however, the announcement also singled out plans to ramp down efforts in Japan and Russia. …

There has been talk surrounding a shake up at Activision Blizzard for a few months now. All of that was confirmed in February, with the company announcing that despite a record financial year, 800 employees would be laid off. Now, Activision Blizzard is warning investors that this could negatively impact …

Over the weekend, it was reported that Activision Blizzard was planning to lay-off hundreds of staff members. The company held its quarterly financial earnings meeting last night, confirming that revenues are up, but despite that, the company will be shaving off eight percent of its staff. Around 800 employees will …

At Blizzcon last year, it became more apparent than ever that things at Blizzard were changing. There has been a shift towards mobile gaming, Mike Morhaime has left the studio and Activision has chosen a new CFO to oversee and manage Blizzard's financial situation. Now, the folks at Blizzard are …

British telecommunications firm BT is set to cut 13,000 jobs over the next three years in an attempt to save £1.5 billion. Simultaneously, the company is set to move from its London HQ for the first time in 150 years, maintaining a small presence in the city while relocating to …

Shortly after leaving Early Access and transitioning over to the ‘free to play' model, the studio behind H1Z1 has had to cut its staff down. Daybreak, formerly known as Sony Online Entertainment, has confirmed this week that it has undergone a round of layoffs. In an email sent out to …

Mafia III had a rough launch back in October 2016, the game didn't quite live up graphically and performance on PC at launch was abysmal, with a 30 frames per second cap right out of the gate. Now just over a year from launch, the studio behind the game has …

Foxconn is a huge part of China's manufacturing industry, with huge clients like Apple, Google, Amazon, Acer and more. As a result of this huge client list, the factory employs a huge number of workers. However, during a press conference this week, Foxconn announced that it would be cutting 10,000 …

Over the last few years, Capcom has been working on bringing back the Dead Rising franchise. Dead Rising 3 was an Xbox One launch title, Dead Rising 4 was a return to the series' roots and now, Dead Rising 5 seems to be on the way. Unfortunately, it looks like …

While Microsoft did acquire Nokia’s mobile arm a couple of years ago, the company has managed to live on in Finland, the US and UK by working on other projects. One of Nokia’s major projects over the last two years has been the Ozo, a $45,000 camera built for filming …

Update (06/07/17): Today, Microsoft confirmed that it would be going through another round of restructuring, meaning thousands of job cuts will be made. In a statement sent out today, a Microsoft spokesperson said that the company is “implementing changes to better serve” its customers and partners. While the company did …

Ever since acquiring Nokia, Microsoft has been routinely cutting down on its workforce. First the company planned to cut 18,000 jobs by the end of March 2015, then shortly after that a further 7,800 job cuts were announced. In May of this year another batch of 1,850 jobs were cut …

Earlier this week, reports began circulating stating that Intel was planning a huge round of job cuts. At the time, we didn't know how many would be affected but following on from the company's quarterly earnings report, the announcement was made that Intel would be cutting down its workforce by …

According to reports making the rounds this week, it looks like Intel could be planning to hold a round of mass job cuts shortly, reducing the headcount in some divisions significantly. This will apparently be an even bigger round of job cuts than last year, when 1,100 people were let …

It looks like Apple is currently scaling back on the production of iPhones according to new reports this week. Apparently, Apple is cutting down on its iPhone orders by 30 percent, which is having a knock-on effect on the Chinese suppliers, which have had to lay off staff due to …

Toshiba is facing hard times right now, the company's former President and CEO Hisao Tanaka stepped down around six months ago, following a revelation that the company had $ 1.2 billion in declared false profit. Obviously, this is a serious offense that will require Toshiba to pay out a hefty …

Microsoft has confirmed that it has cut 60 jobs from the Hololens team as part of a shift in priorities in the development of the augmented reality headset. The team based in Israel was affected, with 30 full-time workers and 30 third-party contractors affected, the development of the Hololens will …

Just Cause 3 is due out in December but it seems that there may be some trouble behind the scenes as developer, Avalanche Studios, has cut some jobs ahead of its next big launch. Just Cause 3 is due out on the 1st of December and development is wrapping up …

It has been revealed that Microsoft is following up its Nokia acquisition with another round of job cuts. Around a year ago, Microsoft initially announced that it would be letting go of 18,000 people after it was set to take on Nokia's mobile division and now this year, it is …

Nokia Corp. plans to cut over 10 per cent of its business unit that conducts research and development operations and licenses technologies to other companies. The move seems to be completely unexpected as the company is gearing up to develop Nokia-branded devices for other manufacturers. “Nokia Technologies has revised its …

Warner Bros is set to be hit with a company wide wave of layoffs later this week according to multiple reports. This could very well have a significant effect the Interactive Enterainment division which is responsible for publishing the Batman Akrham series, The Witcher series, the FEAR series along with …

Microsoft has officially announced its plan to cut 18,000 jobs by the 31st of March next year. However, it's the company's recently acquired Nokia device and services division that will be hit the hardest, receiving around 12,500 of the overall job cuts. The mass job cuts were announced by Microsoft …

Panasonic are to cull 35,000 people from their workforce over two years, as they are losing money from restructuring costs associated with damage from the March 11th disasters. President Fumio Ohtsubo has said that the company will streamline operations to boost profitability, including selling some of its business and to …