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Posts tagged uk,layoffs

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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Wipeout developer Sony Liverpool closed

Sony confirmed this morning that Wipeout developer Sony Liverpool has been shut down. It is currently unknown how many people have lost their jobs. MCV reports that the campus will remain open for various Sony Europe logistic services, but that the studio itself has been terminated as part of ...

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UK retailer Game cuts 46 jobs from HQ

Retailer Game's problematic financial condition has caused the troubled retailed to cut 46 jobs from its UK headquarters. "Our proposed new structure will change the way that we operate and will enable us to be significantly more efficient in our relationships with suppliers and customers," the ...

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TIGA: UK 'brain drain' sees nearly half of laid-off devs leaving country

Britain's developer workforce has fallen 10 percent since 2008, and 41 percent of studio employees laid off between 2009 and 2011 have relocated out of the country, UK-games trade association TIGA reports. TIGA is publishing a survey from Games Investor Consulting that covers three-fourths of the ...

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