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Posts tagged Layoffs

Schilling says he could lose $50 million of his own money in 38 Studios implosion [update: Chafee responds]

Embattled 38 Studios co-founder and head Curt Schilling finally broke his weeks of silence on the Rhode Island studio's recent implosion in an interview with The Providence Journal. "Frustration" seems not strong enough a word to describe his feelings toward Rhode Island Governor Lincoln Chafee ...

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Trip Hawkins steps down as Digital Chocolate CEO, layoffs reported

Mobile and social games publisher Digital Chocolate may be in danger of melting. Noted industry veteran Trip Hawkins has stepped down as CEO, noting on the Digital Chocolate blog that he is "transitioning now into a consulting and advisory relationship" with the company. He added that Digital ...

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Industry rallies to get former 38 Studios, Big Huge Games staff new work

The sudden firing of all 379 employees at 38 Studios and Big Huge Games today was a blow to the industry, even for those of us who expected it. Soon after news broke, many developers, artists, designers, PR people, journalists and fans took to the Internet to express frustration and anger -- and to ...

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38 Studios and Big Huge Games lay off entire staffs [update]

38 Studios and Big Huge Games have both let go of their entire staffs, a source with knowledge of the situation tells Joystiq. Following reports that 38 Studios stopped paying staff on May 1, and just an hour before a scheduled press conference in Rhode Island addressing the recent 38 Studios ...

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Atari says Eden Games isn't closed, plans to continue supporting the studio

[Update] A few hours ago, we reported that Eden Games had been shuttered – you can read our original report below. An Atari representative has told Joystiq that despite the "divestiture process" wording in the financial statement sourced below suggesting closure of the studio, Eden Games has ...

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EA planning upcoming layoffs, 'completed by September 30, 2012'

EA today confirmed plans to enact a "restructuring" among its employees, resulting in an unnamed number of layoffs companywide. The restructuring is part of EA CEO John Riccitiello's move toward digital – an initiative that aims to alter the composition of EA's staff from one in eight ...

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EA Montreal 'reorganizing some teams,' letting a 'small number' go

EA Montreal is restructuring its workforce. Some individuals are being moved to digital projects, including mobile and social games, while others will be dismissed. "These are routine changes which address the cyclical nature of the game industry," an EA spokesperson told GI.biz. "A very small ...

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EA denies report of incoming mass layoffs

EA has denied a report that 500-1,000 layoffs, representing 5-10 percent of the workforce, are about to hit the company. The publisher told MCV there are no layoffs "as such." The company rep said, "At any given time there are new people coming in and others leaving. EA is growing and hiring and ...

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Sony expects biggest loss ever, 10K laid off; games a pillar for future

Sony announced today it would cut 10,000 jobs, approximately 6 percent of its global workforce, as it projects a loss of $6.4 billion for the fiscal year that ended in March. It will be the fourth straight year of losses for the company, which really needs to turn around its money pit TV business ...

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PS3/Vita title Warrior's Lair not canceled, says Sony

Sony acknowledged in a matter-of-fact response the cross-platform PS3/Vita title Warrior's Lair -- previously known as Ruin -- has not been canceled. We followed up with the publisher last week after forum murmurings (some since deleted) claimed the game had been canned and over half the staff at ...

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