Entries in 'losses' (171)

Nokia closes N-Gage studio

Nokia closes N-Gage studio

Nokia has shut down its Vancouver-based game studio, affecting some 100 jobs in the process, Develop understands.

Ben Parfitt
by Ben Parfitt
on Jul 13th 2009 at 10:38AM in News
Blue Omega lays off entire workforce

Blue Omega lays off entire workforce

As revealed in a tweet by Blue Omega Entertainment programmer Geoff Rowland, the entire workforce at the developer has been laid off.

Ben Parfitt
by Ben Parfitt
on Jul 1st 2009 at 1:33PM in News
Piracy has already cost Sims 3 $9m

Piracy has already cost Sims 3 $9m

The party that’s sure to follow EA’s release of The Sims 3 next week is likely to be a little subdued thanks to the news that the game is being ...

Ben Parfitt
by Ben Parfitt
on May 28th 2009 at 5:59PM in News
100 staff out of the door at Grin?

100 staff out of the door at Grin?

Speculation has surfaced suggesting that widespread redundancies have taken place at Swedish developer Grin.

Ben Parfitt
by Ben Parfitt
on May 28th 2009 at 11:34AM in News

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Further job losses at troubled Nokia

Further job losses at troubled Nokia

Nokia has announced that a further 490 employees will be joining the 3,500 who have already lost their jobs as the telephony behemoth attempts to head off an anticipated decline ...

Ben Parfitt
by Ben Parfitt
on May 20th 2009 at 11:08AM in News
PS3 sales up 10 per cent year-on-year

PS3 sales up 10 per cent year-on-year

Sony’s PS3 has proven its naysayers wrong by increasing its annual sales by 10 per cent for the year ending March 31st, with sales for the year passing 10m units.

Ben Parfitt
by Ben Parfitt
on May 14th 2009 at 11:04AM in News
Sony hit by $1bn annual losses

Sony hit by $1bn annual losses

PlayStation platform holder Sony has reported losses of $1.04bn for the year ending March 31st – a stark dip compared to the $3.7bn profit seen in the same period in ...

Ben Parfitt
by Ben Parfitt
on May 14th 2009 at 10:50AM in News
Annual EA losses pass $1bn

Annual EA losses pass $1bn

North American based publisher EA has reported a GAAP net loss of $1.088bn for the year ending March 31st 2009 – an increase of over 100 per cent compared to ...

Ben Parfitt
by Ben Parfitt
on May 6th 2009 at 10:32AM in News

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Apple ditches 10% of retail workforce

Apple ditches 10% of retail workforce

Apple has cut around ten per cent of its workforce during the second quarter of 2009, according to documents released to the Securities and Exchange Commission.

Ben Parfitt
by Ben Parfitt
on Apr 27th 2009 at 3:35PM in News
US: Job losses and wage cuts at Best Buy

US: Job losses and wage cuts at Best Buy

Best Buy has reportedly told staff of a slew of job losses and wage-cutting measures in North America as the leading electricals retailer aims to restructure in an effort to ...

Ben Parfitt
by Ben Parfitt
on Apr 16th 2009 at 12:02PM in News
Job losses at Big Huge Games

Job losses at Big Huge Games

Sources have told MCV sister site Develop that a huge amount of layoffs have hit THQ's Big Huge Games studio.

Ben Parfitt
by Ben Parfitt
on Apr 1st 2009 at 11:33AM in News
Google announces further job cuts

Google announces further job cuts

Global internet giant Google has announced a further 200 job losses, with the cuts to be focused on its sales and marketing operations and half coming from its North American ...

Ben Parfitt
by Ben Parfitt
on Mar 27th 2009 at 12:21PM in News

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Further job losses at Nokia

Further job losses at Nokia

Handset giant Nokia is accelerating its efficiency drive in light of current economic conditions with job cuts in its Devices and Markets units, Corporate Development Office and Global Support Division.

Ben Parfitt
by Ben Parfitt
on Mar 17th 2009 at 2:38PM in News
Zelnick: We’re not satisfied with losses

Zelnick: We’re not satisfied with losses

Strauss Zelnick, the chairman of US publisher Take 2, has stated that whilst pleased that the publisher’s latest financial results were better than expected, he was not pleased to ...
Ben Parfitt
by Ben Parfitt
on Mar 11th 2009 at 11:45AM in News
Restructuring underway at Rare

Restructuring underway at Rare

Microsoft has confirmed to Develop that its UK studio Rare is currently undergoing a 'review' that could lead to job losses at the world renowned studio.

Ben Parfitt
by Ben Parfitt
on Feb 17th 2009 at 10:31AM in News
Nvidia reports large losses

Nvidia reports large losses

Graphics chips vendor Nvidia’s results for fiscal Q4 revealed a $147.7 million net loss, while for the year as a whole the firm made a loss of £30 million.

Ben Parfitt
by Ben Parfitt
on Feb 11th 2009 at 2:53PM in News

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Sega confirms job losses after $119m loss

Sega confirms job losses after $119m loss

Sega Sammy Holdings has revealed a net loss of YEN 10.8bn, around $119m, for the nine months ending December 31st 2008 – an improvement of around 33 per cent compared ...
Ben Parfitt
by Ben Parfitt
on Feb 10th 2009 at 11:33AM in News
EA: More job cuts coming as Q3 losses reach $641m

EA: More job cuts coming as Q3 losses reach $641m

North American publisher EA has announced that it suffered losses totalling $641m for the three months ending December 31st 2008 – this compares to losses of $33m in the same ...
Ben Parfitt
by Ben Parfitt
on Feb 4th 2009 at 9:49AM in News
THQ Wireless restructuring leads to losses

THQ Wireless restructuring leads to losses

THQ is restructuring its mobile division to focus on high-end games for iPhone, N-Gage, PSP and DS, and it seems that this has seen 75 per cent of the THQ ...
Ben Parfitt
by Ben Parfitt
on Jan 30th 2009 at 3:24PM in News
Further job cuts rumoured at EA

Further job cuts rumoured at EA

The EA rumour mill has continued to grind this morning with talk of further lay offs in both Canada and Australia.

Ben Parfitt
by Ben Parfitt
on Jan 30th 2009 at 10:00AM in News
Kuju announces job losses

Kuju announces job losses

British developer Kuju has confirmed to MCV's sister magazine Develop that it has made redundancies across a number of of its offices - but says that it remains optimistic about ...
Ben Parfitt
by Ben Parfitt
on Jan 29th 2009 at 12:06PM in News
Best Buy confirms involuntary layoffs

Best Buy confirms involuntary layoffs

Leading US electronics retailer Best Buy has announced that a number of its staff at the firm’s Minneapolis HQ are set to lose their jobs as the retailer continues to ...
Ben Parfitt
by Ben Parfitt
on Jan 28th 2009 at 10:05AM in News
Philips announces 6,000 job losses

Philips announces 6,000 job losses

TV and electricals manufacturer Philips has become the latest tech firm to announce large-scale job cuts with news the company is to cut its global workforce by 6,000 people by ...
Ben Parfitt
by Ben Parfitt
on Jan 26th 2009 at 5:36PM in News
Intel to shed up to 6,000 jobs

Intel to shed up to 6,000 jobs

CPU and PC hardware vendor Intel has announced that it is to restructure some of its manufacturing operations and capacity in an effort to consolidate and streamline the firm, leading ...
Ben Parfitt
by Ben Parfitt
on Jan 26th 2009 at 12:01PM in News
More job losses hit Microsoft gaming

More job losses hit Microsoft gaming

Following its announcement late last week that 5,000 jobs are to be lost in the next 18 months, Microsoft has over the weekend confirmed a number of new cuts.

Ben Parfitt
by Ben Parfitt
on Jan 26th 2009 at 10:01AM in News