Entries in 'losses' (164)
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 ...
Mythic suffers job losses
It seems that the Mythic Entertainment, the developer of successful PC MMO Warhammer: Online, has become the latest EA-owned studio to face losses as a result of the cost-cutting measures ...
EUK: Deloitte to scale down sale efforts
Deloitte, the administrator handling the closure of Woolworths and distribution arm EUK, has confirmed that it is to step down its efforts to try and find a buyer for the ...
EUK: Mass redundancies announced
MCV understands that workers at the Woolworths-owned distributor EUK have this morning been told that today is their last day in employment, following administrator Deloitte’s failure to find a buyer ...
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DSGi posts £29.8m loss
PC World and Currys parent DSGi has axed its dividend to preserve liquidity, after being hit with a £29.8 million pre-tax loss for the first six months of the year.
25 devs laid off at Gearbox
Gearbox Software has laid off up to 25 of its staff as part of a strategy shift at the studio, according to reports on the web published over the weekend. ...
Playlogic’s Q3 revenue drops 70%
Dutch publisher Playlogic has reported disappointing figures for its fiscal third quarter which show revenues of £740,000 – a number that’s 70 per cent down on the revenues reported in ...
Infogrames net revenue up 45%
Atari’s parent company Infrogrames has announced an increase of net revenue of 44.5 per cent for its fiscal first half 2009-2009 ending September 30th.
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Garriott quits as NCsoft profits tumble 50%
Leading MMO developer and publisher NCsoft has reported a 50 per cent drop in profits for the financial quarter ending September 30th – and has also been dealt a blow ...
THQ losses lead to 250 job cuts
US publisher THQ has confirmed that it is to cut 250 jobs following losses of $115.3 million for the three months ending September 30th.
More THQ studio closures on the way?
It appears as though yesterday's revelation of a downscaling at Juice Games may have just been the start of a massive cull of THQ's internal development resources.
EA to lay off 6% of work force
Global publishing powerhouse EA has announced that it is to cut six per cent of its global workforce, equivalent to between 500 and 600 positions, following increased losses in the ...
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DFC: Sony won’t recoup PS3 losses
Market analyst DFC Intelligence has delivered a scathing verdict on Sony’s prospects this generation, claiming that the high development and manufacturing costs of PS3 make it unlikely that the machine ...
Midway posts $33.5 million loss in Q3
Midway has recorded losses of $33.5 million for the three month period ending September 30th, compared to a $22.2 million loss in Q3 2006.Meanwhile, revenues landed at $36.7 million ...
