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Posts tagged economy

Edge of Twilight developer FuzzyEyes laid off majority of staff

Following yesterday's report that unsung steampunk action title Edge of Twilight had ceased development, we were unsure of the fate of the game's Australian developer, FuzzyEyes. That fate was revealed earlier today in a public statement from the company's CEO, Wei-Yao Lu, who explained, "On 30th...

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Pandemic closes physical doors, brand lives on

We've got a little more perspective on the closing of Pandemic, which was rumored earlier today. Though the studio will physically close, and the majority of its staff (some 200 people) will be sacked, the brand and IPs (like Mercenaries, Star Wars: Battlefront and The Saboteur) will continue, EA...

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Rumor: Pandemic Studios to close its doors today

Pandemic Studios, the house behind games like Mercenaries and the forthcoming The Saboteur will be shuttered by EA today, according to sources speaking to Kotaku. Reportedly, the developer's 200-some staffers will be informed at 2 p.m. EST that all but a few (who will be integrated into other EA...

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Dyack predicts more publisher consolidation

Publishers have been disappearing faster than Ludwig's snickerdoodles at Joystiq's Mid-Autumn Tea Social lately, both through bankruptcy or (for the lucky ones) being purchased. Designer and industry soothsayer Denis Dyack told Gaming Union he expects that to continue, comparing the shift to that...

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Man forced by kidnappers to purchase a PlayStation 3

You can tell the recession is dramatically affecting folks all over the United States when stories about kidnappers forcing their detainee to buy them gaming consoles arise. That's exactly what Kyle Yarkosky is alleging that David Daniels and another unnamed suspect did to him, after forcing him at...

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Microsoft's layoffs conclude early, over 5,000 let go

With this morning's confirmation from Microsoft that another 800 people have been let go, the layoffs that began all the way back in January of this year have completed. Affecting everyone from Games for Windows Live to Rare to a quarter of the Massive team, we're sure that the folks still working...

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GameStop hiring 15,000 temporary employees this holiday

Like other retailers, North America's largest video game brick-and-mortar chain will be gearing up for the holiday sales rush with a flood of new, temporary employees. GameStop is bolstering its "game advisors" numbers by 78% (see: grunts) and the company's total employee population by 46% (see:...

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UK retailer GAME sees big boost from used game sales

Even though the economy has seen better days, UK brick-and-mortar retailer GAME is seeing growth. Its used games revenues in the first half of this year ending July 31 grew by a whopping 12.3 percent to now make up "25.7% of total sales," paralleling US retailer GameStop's yearly used game revenue...

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Realtime Worlds celebrates new office opening, ever-expanding staff

Like the Scottish equivalent of George and Weezie, Crackdown developer Realtime Worlds is movin' on up. Rather than a deeeluxe apartment in the sky, the company has just opened an 8,000 sq. ft. office, adding to its already existing 26,000 sq. ft. location. Quite a feat considering the company...

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Atomic Games unable to secure funding for Six Days in Fallujah, reduces staff

(click to embiggen) Citing a lack of "full-scale funding" for controversial game Six Days in Fallujah, Atomic Games is reporting today that it's trimming staff. According to Atomic, the 75 employees of the studio remained until this week when an undisclosed amount were let go. Though the...

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Take a break in Destiny's beta

Posted on Jul 22nd 2014 4:00AM

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