Entries in 'losses' (169)
Sony Ericsson has seen its status slip from fourth/fifth biggest OEM in the world to the ninth.
AMD will shed 10 per cent of the firm's global work force as part of a restructuring plan designed to facilitate a "competitive cost structure," the chipmaker announced.
Strong sales of futuristic sci-fi hack ‘n’ slash outing Warhammer 40, 000: Space Marine helped THQ to post a stronger than expected Q2.
Electronic Arts has begun a formal consultation process at EA Bright Light, with redundancies and outright studio closure both possible.
Nokia is to make 3,500 more staff redundant as the embattled mobile communications giant continues its cost-cutting operation.
Electronic Arts has closed its Visceral outfit in Melbourne, a local developer association has confirmed.
Codemasters has announced that it is “proposing to retire” its Guildford based development studio.
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.
2K Czech, one of Europe’s leading triple-A studios, has lost more than 40 staff from a studio-wide redundancy operation.
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.
Disney is closing its UK games development studio the publisher has confirmed to Develop this morning.
Popular British outfit FreeStyleGames has survived Activision’s studio-wide cost-cutting operation, Develop understands.
A number of staff have lost their jobs at Sony Computer Entertainment studio Zipper Interactive.
Square Enix has drastically revised its predicted losses for the fiscal year ending March 31st.
Over thirty staff at Crytek Budapest will be made redundant after E3, according to reports.
Redundancies have been issued to a number of developers at Brighton studio Black Rock, Disney has told Develop.
Publisher EA has reported an annual loss for its last financial year of $276m – that's a 59 per cent improvement on the $677m lost in the year before.
Dundee outfit Cohort Studios has ceased operations, the company has announced.
According to estimates from Enterbrain CEO Hirokazu Hamamura, the earthquake that hit Japan in March has cost the country's games sector in the region of £55m.
Sony Online Entertainment has closed down three of its studios and made sweeping redundancies across the company, according to unsubstantiated rumours.
As many as 80 workers at Disney Interactive have been made redundant, reports suggest.
THQ Studio Australia has cut 14 jobs from its internal art department, without options to apply for further roles within the company.
UK studio Rare is at the centre of conflicting accounts of layoffs across its art department.
Brighton-based studio Relentless has issued redundancies to a number of staff, the outfit has told to Develop.