Newsflash Signup

Buy now at Zavvi.com
Activision

Massive layoff reports ‘are wildly inaccurate’

Bookmark with Social network
Massive layoff reports ‘are wildly inaccurate’

Company spokesperson rebuffs news of a 75% workforce reduction, confirms full-time workforce has been cut by 28%

Reports of job cuts taking place at Microsoft’s in-game ad firm Massive Inc are “wildly inaccurate”, according to a company spokesperson.

On Wednesday news emerged that Microsoft’s sustained cost-cutting measures had resulted in a 75 per cent workforce reduction at its in-game advertising firm Massive.

Speaking to Develop, a company spokesperson has denied the extent of the layoff measures.

“While yesterday’s job eliminations included full-time employees who work for Massive, the reports of a 75 percent workforce reduction are wildly inaccurate,” he said.

Full story at Develop.

Advertisement

Resource Allocation

posted by Peep May 07, 2009 at 9:57 pm
1
Peep

They likely aren't layoffs.. they are 'resource allocations'.

In other words, there is a minimal net loss to headcount, however the 'allocated' headcount now resides in some third world country where 486 DX-66's are considered top of the line hardware.

Don't believe it? My employer did just that sort of thing.

  • + 0 
  • - 0 
  • 0

Leave a Comment

Activision
MCV

ABOUT US

MCV is the leading trade news and community site for all professionals working within the UK and international video games market. It reaches everyone from store manager to CEO, covering the entire industry. MCV is published by Intent Media, which specialises in entertainment, leisure and technology markets

Intent media, Company number 03641099