Posts tagged restructuring 
Sega canceling games, cutting jobs in US and Europe to restructure [update: SOA statement]
Sega's forecasts for the fiscal year ending March 31 have been adjusted down -- expected net income is down 47.4% -- and Sega Sammy's board of directors have enacted a drastic plan to reduce operating costs in the future. Sadly, this plan involves the "streamlining" of Sega's operations in the US ...
Report: Rare replacing full-time artists with contractors
Edge reports that Microsoft's UK-based Rare studio is shifting from using permanent art staff to contract workers. According to Edge's sources, the studio is making a calculated move to narrowly dodge a "full consultation process" under European Union employment laws, whereby layoffs of twenty or ...
Final Fantasy XIV team restructuring, PS3 version delayed
We've got bad news and we've got worse news. First, the bad news: The PS3 version of Final Fantasy XIV, originally due March of next year, has been delayed indefinitely. The worse news is that it's been delayed because the PC game is such a disaster. In an announcement released to the FFXIV ...
'Seasonal roll-offs' hit EA for third year in a row
Following scattered reports of EA layoffs on Twitter, Joystiq confirmed with the company this afternoon that "seasonal roll-offs" have begun in the wake of the publisher's holiday release schedule. EA corporate communication spokesperson Jeff Brown explained: "As you know, seasonal roll-offs that ...
Realtime Worlds suffers layoffs and downscaling of second, unannounced project
Only one week out from the game's official release, APB development house Realtime Worlds confirmed today (via Develop) that "a small number of staff will be made redundant, and a second unnamed project will be downscaled." Oddly enough, the studio also announced that it's still hiring. Rather than ...
THQ lays off 60, focuses Juice Games, Rainbow Studios on downloads
THQ announced a bit of restructuring today, which means, sadly, layoffs. The publisher announced that it's refocusing Juiced developer Juice Games and MX vs. ATV/Deadly Creatures developer Rainbow Studios for content intended for digital distribution. The studios will be renamed THQ Digital Studios ...
Sony 'restructuring' Studio Liverpool
Things sound pretty rough for Sony's SCE Studio Liverpool. Following the merging of Wipeout HD developer Studio Liverpool (formerly Psygnosis) with Evolution Studios, Sony Computer Entertainment announced that it is "restructuring" the studio. According to GamesIndustry.biz, it is currently unknown ...
THQ reorganizes management into three distinct divisions
The "New THQ" keeps rolling forward as the company reorganizes to support three key strategies: Core, "Kids, Family and Casual" and Online. The business units will each have an executive vice president who reports to THQ CEO Brian Farrell. The new alignment certainly makes it very clear whose head ...
THQ announces Q3 results, names new CFO to oversee company's restructuring
As it prepares to act on drastic cost cutting measures, THQ has announced the appointment of Paul J. Pucino as executive vice president and (most importantly) chief financial officer. Pucino is assuming the position -- which was left unoccupied by Colin Slade, who is on "indefinite medical leave of ...
Report: Stringer wants Sony focusing on software, 'old guard' resisting
Sony is reportedly planning to announce details of a restructuring scheme soon, confirming its first operating loss in 14 years. According to previous reports, the manufacture consider closing plants and, possibly, whole divisions. According to the Financial Times, Sony CEO Howard Stringer is ...
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Early access Metal Gear Rising demo included with Zone of the Enders HD
Posted on Jun 1st 2012 2:03AM