Tag Archives: job

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 decline in net profit. For the three months ending December 31st the firm reported a net profit of $4.17bn. Shares …

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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 ending December 31st – the firm’s worst Q4 results since 2001. Revenue fell 20 per cent to €12.7bn, whilst sales …

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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. The assurance follows the news that Sony has revised its earnings forecast and increased its predicted losses for the year ending March 31st. It …

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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 for the complete story .

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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 currently being implemented by the North American games publisher. MCV’s sister website Developmag.com has the full story – click here …

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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 distributor. It also confirmed MCV’s earlier report that 700 staff were this morning made redundant, and that a skeleton staff …

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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 for the company. It is understood that around 90 per cent of the workforce has been made redundant after a …

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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. Originally, sources reported that the redundancies came as production on Sega’s Aliens: Colonial Marines was halted, but studio head Randy …

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