Entries in 'losses' (164)
Crispy Gamer lays off editorial staff
The entire editorial staff of fledgling video games website Crispy Gamer have been laid off, it has been confirmed.
11,500 dev layoffs since '08
The global game industry has been hit by as many as 11,500 job losses since late 2008, a new study suggests.
Oberon Media confirms job losses
Expansive casual games provider Oberon Media has been hit with what is speculated to be a large number of layoffs, with former COO Don Ryan having confirmed his departure and ...
Annual Take Two losses hit $137.9m
North American publisher Take Two has reported losses of $137.9m for its fiscal year ending October 31st. This compares to a net income of $97.1m last year.
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Losses increase at Playlogic
Amsterdam-based publisher Playlogic suffered a net loss of $6.7m for the nine months ending September 30th – a significant increase on the $2m loss suffered in the same period a ...
Rumour: EA shuts Pandemic
California–based developer Pandemic Studios is the latest victim of EA’s mass staff reduction operation, reports suggest, and may have closed down completely.
Job losses detailed at EA studios
A total of seven EA-owned studios are alleged to be hit by the publisher’s mass-layoff operations.
500 publishing jobs go at EA
Electronic Arts has revealed that the vast majority of its global staff cuts will be made in its own development studios.
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Losses up 26% at EA
Publisher EA has suffered another disappointing financial period with news that it suffered a $391m loss in its second quarter – a 26 per cent increase compared to the £310m ...
Post-PS3 losses hit $4.7bn
As part of today’s financial report, Sony has confirmed that since the launch of the PS3 its PlayStation operations have lost a total of $4.965bn
Sony brings layoffs to Pain dev
Reports suggest that Sony has made numerous staff cuts at the dev studio behind popular PSN title Pain – a game which saw more downloads than any other on the ...
Square Enix axing Japanese staff?
In what is fast appearing as the game industry’s largest ever mass-migration from East to West, mega-publisher Square Enix is rumoured to be reducing as many as 300 staff from ...
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Job losses at EA Maxis
EA's Maxis studio - originally responsible for The Sims franchise and most recently Spore - has seen layoffs amongst its staff, the publisher has confirmed.
Wolfenstein dev suffers job losses
Layoffs have been administered to some of the development force responsible for Activision’s new Wolfenstein game.
GRIN uncertainties intensify
The European independent developer GRIN, once tipped for greatness after securing major contracts with Japanese publishers and Hollywood studios, could be on the verge of closure.
Sales and losses down at Sega
Japanese developer and publisher Sega has announced mixed results for the quarter ending June 30th 2009, with the period bringing a decrease in the firm’s operating losses – but also ...
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41 jobs lost at Sony Online Entertainment
Californian developer Sony Online Entertainment (SOE) has axed 41 of its employees, representing a workforce cut of 5 per cent.
60 jobs go at Midway Chicago
Over sixty employees at Midway’s Chicago-based HQ have been handed their notices and will leave the company by early September.
Nokia closes N-Gage studio
Nokia has shut down its Vancouver-based game studio, affecting some 100 jobs in the process, Develop understands.
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.
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 ...
100 staff out of the door at Grin?
Speculation has surfaced suggesting that widespread redundancies have taken place at Swedish developer Grin.
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 ...
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.
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 ...
