Entries in 'losses' (164)
Layoffs at LucasArts and Budcat
It was by all accounts a Black Tuesday for games development yesterday as job cuts were confirmed at two studios and one of the industry’s most respected developers faced up ...
Bizarre Creations in the balance
In news that continues to emerge tonight, it appears as if Activision is to close the doors of UK developer Bizarre Creations. Around 200 jobs could be lost in the ...
Disney losing its console appetite
Entertainment behemoth Disney has hinted at a move away from console gaming as the firm looks to the growth being enjoyed in the social and mobile game sectors.
Namco Bandai reduces losses
Publisher Namco Bandai has posted a net loss of ¥1.93bn (around $24m) for the first half of its financial year. The number is a big improvement on the loss of ...
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$47m Q2 loss for THQ
Publisher THQ has reported increased losses of $47m for its second quarter ending September 30th. That’s up on the $5.6m loss it registered in the same quarter a year before.
Losses slashed at EA
EA has announced a loss of $201m for the quarter ending September 30th 2010 – that’s nearly half the $391m loss the publisher reported in the same period in 2009.
IO Interactive confirms layoffs
Some thirty staff have been made redundant at Danish game studio IO Interactive, it is believed, with rumours that the action was triggered by the cancellation of a game deal ...
Nintendo reports six-month loss
Platform holder Nintendo has revealed that it has suffered a ¥2.01bn ($25m) loss for the six months ending September 30th 2010. This compares to a ¥69.5bn profit in the same ...
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EA confirms new job losses
Publisher EA has confirmed to MCV that rumours of job losses across the organisation are correct.
Microsoft confirms Massive closure
Microsoft’s once-prosperous in-game advertising outfit Massive Inc has, as had been rumoured, closed down, the publisher has confirmed.
Krome Studios closes doors
Developer Krome Studios has closed its doors resulting in all staff losing their jobs, according to reports on IGN.
Job losses at Singularity dev
Developer Raven Software, the studio behind recent first person shooter release Singularity, has been hit with mass layoffs, according to reports.
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LucasArts confirms new layoffs
Star Wars developer LucasArts has issued redundancy notices to an unspecified number of staff at its San Francisco studio, the company has confirmed.
Sega changes ‘reflect changing face of market’
Publisher Sega has released an official statement confirming comments by Sega West boss Mike Hayes last night, which broke the news that a total of 73 jobs are to be ...
Sega confirms job losses, restructuring
Publisher Sega is to massively overhaul its Western operations in a move that will result in both a loss of jobs and a massive realignment toward the growing digital distribution ...
Game Room dev suffers further layoffs?
More staff redundancies have taken place at Australian outfit Krome, reports suggest.
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Activision UK to restructure
Activision has confirmed that the reshuffle at its US office will result in alterations to the structure of its UK operations, though the exact details remain unclear for now.
Rebellion confirms studio closure
UK studio Rebellion has confirmed job cuts at its Oxford base, adding that its Derby studio has now closed.
Job losses at Rebellion's Oxford HQ?
Longstanding UK developer Rebellion has made a small number of staff at its Oxford HQ redundant, a source close to the matter has claimed.
Blockbusters losses near half a billion
US retailer Blockbuster has posted some disturbing numbers for its most recent financial quarter, with Q4 net losses at the company hitting $434.9m – up on the already savage $359.8m ...
Activision 'axes RedOctane'
Activision revealed the brutality of its latest redundancy operation over the weekend by confirming that Red Octane’s offices had closed down with substantial jobs cut.
Codemasters denies US closure talk
Codemasters has this morning told MCV that talk of an impending closure of its US office is incorrect, though it has confirmed six job losses at its Californian operation.
Namco: ’09 was “an uphill battle”
Japanese publisher Namco Bandai has reported a loss of £81.3m for the nine months ending December 31st 2009 – a sharp drop from the £62.3m profit it saw in the ...
630 jobs to go at Namco Bandai
Namco Bandai will cut around ten per cent of its workforce in a bid to save the company $38m.
Sony Liverpool to halve head-count?
Sources at Sony's Liverpool, UK studio say that its head-count will ultimately be reduced by about half.
