Articles for tag: cuts, falls, GameStop, Jobs, quarterly, revenue

NinFan

GameStop cuts jobs as quarterly revenue falls

GameStop cuts jobs as quarterly revenue falls

GameStop’s woes don’t appear to be anywhere near over, as the company reported on Tuesday that it has cut an unspecified number of jobs to reduce overall costs. The long-running company also reported lower revenue in the fourth quarter. Reuters says GameStop continues to face stiff competition from other online retailers, and weak consumer spending ...

The Boss

EA cuts 5% of its workforce, cancels Star Wars FPS

EA cuts 5% of its workforce, cancels Star Wars FPS

Electronic Arts announces overnight plans Fire 5% of employeesshuttering the studio, shutting down a slew of mobile games, and canceling a first-person shooter based in the Star Wars universe. It is estimated that EA will receive approx. 670 jobs Redundantly, it has begun “communicating these impacts” to employees. EA expects to complete the process early ...

oriXone

EA cuts staff, cancels Star Wars game

EA cuts staff, cancels Star Wars game

The video game industry is experiencing one of its worst times in terms of job cuts. The day in the video game industry begins with a new wave of massive layoffsas companies try to explain why it is necessary to lay off a certain percentage of their employees to survive in an ever-changing gaming industry ...

Geralt of Sanctuary

Microsoft: Personnel cuts point to restructuring

Microsoft: Personnel cuts point to restructuring

The cuts of almost 2,000 jobs in Microsoft’s gaming division hit the industry like a tsunami yesterday. Now there are first details about the affected areas, which allow interesting conclusions to be drawn. 1,900 layoffs at Microsoft and Activision Blizzard, that’s a big deal. There are now initial indications of which areas of the gaming ...

oriXone

Microsoft cuts 1,900 jobs in Xbox division

Microsoft cuts 1,900 jobs in Xbox division

More than 1,900 jobs are being cut at Xbox, Bethesda, Activision and Blizzard. Yesterday we learned that Microsoft had overtaken Apple and once again become the most valuable company in the world, with a market capitalization of $3 trillion. Unfortunately, it doesn’t seem to have stopped The Redmond company will cut more than 1,900 jobs ...

NinFan

Unity cuts 25% of its workforce

Unity cuts 25% of its workforce

Surely many of you will remember the recent controversy in which Unity has been involved due to its different and questioned collection measures, something that indirectly affected Nintendo. It could cause losses in Nintendo Switch games. Now we have statements on this topic after the departure of its CEO. Specifically after the confusing apologies, now ...

NinFan

The Embracer group will make some serious cuts after the absurd spending spree

The Embracer group will make some serious cuts after the absurd spending spree

Image: gearbox software Embracer Group has announced that it is embarking on a ‘restructuring programme’ with the aim of becoming a “leaner, stronger and more focused, self-sufficient company”. In other words, he’s about to take some pretty significant cost-cutting measures after spending the last six or so years focusing on broad studio acquisitions. In an ...

oriXone

operators suffer cuts

operators suffer cuts

We are not used to the internet failure of our iPhone, but the truth is that it is not something extraordinary either. when it happens it’s too common to blame Apple or the latest operating system update, but this is not always the case. As we are told at Xataka, there have been significant falls ...