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Posts tagged restructuring

Future to spare CVG from publication cuts

UK gaming site CVG will not close down this year following a round of cutbacks at its publisher, Future, MCV reports. CVG will decrease its writing staff to three – it currently has five full-time employees plus support staff in the US and Australia. Future will review CVG in December. In...

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Harmonix lays off 37 staff

Harmonix announced that it is undergoing an organizational restructure, resulting in the loss of 37 full-time positions. The news comes just one week after the developer successfully raised $844,127 on Kickstarter to create a successor to its 2002 cult favorite PS2 music game, Amplitude. ...

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Future publishing restructure resulting in loss of 170 UK jobs

Restructuring at magazine publisher Future will result in the a loss of over 170 jobs in the UK, the publisher reported in its half-year financial results (ending March 31, 2014). Known for gaming publications like OXM, PC Gamer, CVG and Edge, Future announced its global plans to "refocus and...

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Layoffs hit Sega Europe following restructure in US

Sega Europe suffered "a limited number of redundancies" due to a restructuring in Sega of America's Sonic and mobile divisions. The layoffs follow those that hit Sega of America in October 2013 due to another restructure. "Sega is in the process of consolidating certain functions of the Sonic...

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Murdered: Soul Suspect dev lays off 14 in studio restructuring

Airtight Games, developer of Murdered: Soul Suspect and Quantum Conundrum, suffered layoffs this week. The studio let go of 14 employees, confirmed by IGN as part of a "necessary restructuring" for the developer. Airtight's restructuring was deemed "part of the normal ebb and flow of game...

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PopCap hit with layoffs after recent studio split

Plants vs Zombies and Peggle developer PopCap suffered layoffs today, EA confirmed. The news follows a reorganization at the studio in late February, which saw the developer split into a two teams, one geared towards mobile games and the other for console releases. PopCap CEO David Roberts also...

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Rumor: Capcom Europe to lay off more than half its staff

Capcom's European branch is to lay off over half its workforce following restructuring, according to MCV who "understands more than half of the European arm faces redundancy, with a number of jobs set to merge." Both MCV and GamesIndustry International confirmed with Capcom that its European arm...

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Command & Conquer F2P developer EA Phenomic closed

EA's in-house real-time strategy developer, EA Phenomic, has been closed and its 60 employees laid off, GamesIndustry International reports. The studio most recently developed EA's free-to-play, browser-based RTS Command & Conquer: Tiberium Alliances. Purchased by EA in 2004, it was originally...

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Iwata: Profitability possible without layoffs

Nintendo global president Satoru Iwata believes that his company can get back into the black without firing any of its employees, through good ol' fashioned efficiency and cost-saving measures. "It is true that our business has its ups and downs every few years, and of course, our ideal...

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Report: Microsoft considering major company changes

Microsoft CEO Steve Ballmer is planning major changes within company management, AllThingsD reports. The changes would focus on making Microsoft a "devices and services" company, a focus Ballmer outlined in his shareholder letter in October. "This is a significant shift, both in what we do and...

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