Entries in 'losses' (163)
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.
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 ...
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.
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 ...
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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.
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 ...
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.
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.
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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 ...
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 ...
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 ...
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.
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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 ...
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 ...
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 ...
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 ...
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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.
Manchester studio closed by Eidos
Eidos has confirmed to Develop that it has close its Rockpool Games studio in Manchester. Around 14 Rockpool staff have been made redundant as part of the move.
Are job cuts on the way at Xbox?
Following the news that Microsoft is to shed some 5,000 jobs in the next 18 months, with 1,400 of them happening immediately, sources are claiming that its Xbox division could ...
Redundancies at EA's Black Box
The unfortunate job-cutting spree in the games industry seems to be continuing today with news that EA studio Black Box has, after weeks of speculation, lost 200 members of ...
Microsoft to cut 5,000 jobs
Leading software developer and Xbox 360 platform holder Microsoft has confirmed the speculation that it is to slash 5,000 members of its global workforce following an 11 per cent year-on-year ...
1,000 jobs to go at Nokia
Finnish mobile phone company Nokia has announced that 1,000 people are to lose their jobs following a drop in net income of 69 per cent to €576m for the quarter ...
SCEE has no plans to reduce headcount
SCE has confirmed to MCV that it has no plans to reduce the headcount of its European operations as part of Sony's worldwide cost-saving restructuring efforts.
Sony expects $1.68bn loss
Sony has revised its earnings forecast for the fiscal year ending March 31st.
More EA studios to suffer jobs cuts?
EA's previously revealed cost-cutting measures continue to take effect, with Canadian studio Black Box and Florida-based team Tiburon apparently the latest to see job cuts.Click here to visit Developmag.com ...
