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Posts tagged uk,layoffs

Report: Ghost Games suffers layoffs, Need for Speed game put on hold

Need for Speed: Rivals developer Ghost Games has suffered layoffs in its UK office and ceased development on an unannounced Need for Speed project, according to a report by Polygon. The report states that Electronic Arts dismissed contract workers earlier this week and presented full-time staff...

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The end draws near for Blockbuster UK, 62 more stores closed

Blockbuster UK is likely to follow in the footsteps of the recently defunct US arm, after administrators announced 62 further store closures, with 427 employees laid off as a result. The DVD and game rental chain entered administration (a.k.a. bankruptcy) again earlier this year, and insolvency...

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Blitz Games Studios ceases trading after 23 years, 175 laid off

Blitz Games Studios announced it has ceased trading after failing to secure funds to sustain business. The company, founded in 1990 by pioneering British twins Andrew and Philip Oliver, laid off 175 staff members today, the vast majority of the studio's workforce. According to this morning's...

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HMV closing 37 more stores, 464 layoffs

The deluge of bad news isn't over for UK retailer HMV, with 37 more stores confirmed to be closing in addition to the 66 announced earlier this month. These further closures are resulting in 464 lost jobs, making a post-administrative total of at least 1,454 layoffs. HMV, one of the UK's most...

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HMV facing 66 store closures, 930 layoffs

HMV, a multimedia chain and one of the UK's top high street game retailers, is closing 66 of its 220 stores, with 930 employees losing their jobs as a result. Deloitte, the company's administrators, said the closures should occur within the next one to two months. "This step has been taken in order...

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Report: HMV to be saved as restructurer Hilco acquires debt

Business restructuring company Hilco is set to acquire HMV after reportedly taking control of the struggling British retailer's debt . According to the Financial Times, people familiar with the situation report Hilco took on the debt today, estimated three months ago to be around $279 million. If...

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Codemasters restructuring, reports suggest 80 layoffs

Grid and Dirt developer Codemasters is consulting "affected employees" as part of a restructuring process, with 80 people reportedly being laid off as a result. A "strong source" told GamesIndustry International the figure, saying the majority of those layoffs are being made at the company's global...

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HMV entering administration [update]

Update: HMV confirmed it's filing notice to appoint Deloitte as administrators to the company. As the BBC reports, HMV is suspending trading on the London Stock Exchange from Tuesday, January 15. HMV's 239 stores across the UK and Republic of Ireland are to remain open while Deloitte seeks a...

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Play.com closes retail operations, over 200 laid off

Play.com is closing its retail operations in March as it transitions into a marketplace-only website, a move that is resulting in 214 employees losing their jobs. The Jersey-based company, one of the first online retailers to sell video games to the UK, told the BBC around 200 people are keeping...

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Activision UK managing director Peter Hepworth leaves company

Peter Hepworth has been with Activision in the UK for years now, first answering the call of duty (sorry!) back in 2005. Hepworth would assume various roles during his tenure, starting as CFO of Europe and eventually taking over as UK managing director in August of 2011, the current position he has...

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