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Layoffs Articles

Tumblr Gets Rid Of Storyboard, Team Tumblr Gets Rid Of Storyboard, Team

Tumblr announced that it is shutting down its Storyboard project. According to reports, the company has laid off the tour-person team behind it. Storyboard launched last May. Here’s an overview: Here’s what Tumblr had to say about its demise on …

Disney Layoffs to Expand to Studios, Consumer Products Disney Layoffs to Expand to Studios, Consumer Products
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Earlier this week, The Walt Disney Company announced that it has closed down the LucasArts games studio and laid off a large number of employees. While layoffs and studio closings in the games industry have not been rare over the …

Google Lays Off 1,200 More Employees At Motorola Google Lays Off 1,200 More Employees At Motorola

Google has the unenviable position turning around Motorola Mobility and making it profitable again. That means the company has to make some tough decisions that will affect its employees around the world. The Wall Street Journal reports that Google has …

Epic Shuts Down Impossible Studios After Just Six Months Epic Shuts Down Impossible Studios After Just Six Months

Epic Games today announced that it is shutting down Impossible Studios. No reason was give other than “it wasn’t working out for Epic.” Impossible was formed only six months ago, on August 9, 2012. The employees at the company were …

Blockbuster Closing 300 More Stores in the U.S. Blockbuster Closing 300 More Stores in the U.S.
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As media consumption shifts to streaming and downloaded products, retailers of physical entertainment media are being forced to change rapidly or die ignoble deaths. At the same time that Blockbuster U.K. has entered administration (bankruptcy) and announced 160 of its …

StumbleUpon Cuts 30% Of Staff, All Company Areas Affected StumbleUpon Cuts 30% Of Staff, All Company Areas Affected
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StumbleUpon has laid off 30% of its staff, as reported earlier by TechCrunch, who interviewed CFO and interim CEO Mark Bartels. The company has been reduced to 75 employees (down from 110). StumbleUpon’s Mike Mayzel tells WebProNews, “StumbleUpon is restructuring …

Developer Eurocom Shuts Down in Wake of 007 Legends Failure Developer Eurocom Shuts Down in Wake of 007 Legends Failure
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Following the release of the poorly-reviewed and all-around dismal failure 007 Legends, developer Eurocom has laid off its 42 remaining employees and ceased trading on its stock. An Administrator from Smith Cooper has taken control of the company. Eurocom issued …

PayPal Cutting Jobs, Following Up On Previously Announced Reorganization Plans PayPal Cutting Jobs, Following Up On Previously Announced Reorganization Plans
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There have been reports about PayPal laying off part of its staff, and now the company has come out and confirmed 325 layoffs in a blog post. The post points to another post from June, when President David Marcus discussed …

Zynga Laid Off Over 100 Employees During The Apple Event Zynga Laid Off Over 100 Employees During The Apple Event
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Apple took over the Internet news cycle today with the announcement of the iPad Mini. The news would obviously drown out anything else, including mass layoffs at one of the largest social game developers in the world. Nobody would be …

PopCap Shuts Down Its Dublin Studio PopCap Shuts Down Its Dublin Studio

One month ago, it was announced that PopCap games would be reorganizing its studios and laying off employees. At the time, it was stated that around 50 employees, mostly from PopCap headquarters in Seattle, would see layoffs. PopCap co-founder John …

Bank of America to Cut 16,000 Jobs by Year’s End Bank of America to Cut 16,000 Jobs by Year’s End
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Bank of America will be speeding up its cost-cutting measures and will lay off 16,000 employees by the end of the year. The Wall Street Journal has obtained a “document given to top management” of the bank and is reporting …

Hewlett-Packard to Cut 2,000 More Jobs Than Previously Stated Hewlett-Packard to Cut 2,000 More Jobs Than Previously Stated

Hewlett-Packard (HP) announced today that it would cut 2,000 more jobs than it originally reported back in May. This brings the total planned layoffs up to 29,000 by the end of fiscal year 2014. According to a Bloomberg report, a …

St. Jude Medical Announces Layoffs & Reorganization St. Jude Medical Announces Layoffs & Reorganization

St. Jude Medical, a company that makes medical devices such as pacemakers and catheters, this week announced that the company will be reorganizing its product divisions into two units. The company also stated that it will “centralize” support functions such …

Lexmark Ditches Inkjets, Lays Off 1,700 Worldwide To Cut Costs Lexmark Ditches Inkjets, Lays Off 1,700 Worldwide To Cut Costs

I remember my family’s first Inkjet printer. It was a Lexmark and I was proud to own a piece of hardware designed in Kentucky. The era of inkjet printers from Lexmark ends today, however, as the company is selling off …

OnLive Debt Revealed to be $30-40 Million OnLive Debt Revealed to be $30-40 Million

The OnLive reorganization and layoffs last week were bizarre. The company issued no official statements at the time of the incident, leaving it to Twitter to break the story and allowing confusion and seemingly conflicting reports to spread. What actually …

Sony Mobile Announces 1,000 Layoffs Sony Mobile Announces 1,000 Layoffs

The late summer layoffs just keep coming. Sure, it was expected that RIM would be laying off many employees, but who saw the gutting of Motorola Mobility coming? Game companies have had it even worse than device manufacturers, though. PopCap …

Sony Announces it Will Close Studio Liverpool Sony Announces it Will Close Studio Liverpool

It seems to be that time of year in the gaming industry. It’s the calm before the storm of the holiday shopping season, and titles simply aren’t being released. Studio heads are no doubt looking through their accounts with gathering …

PopCap Games Announces Reorganization and Layoffs PopCap Games Announces Reorganization and Layoffs
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PopCap today announced that it has begun a reorganization of its studios that includes a “reduction in force” in North America. More specifically, around 50 employees, most from the PopCap headquarters in Seattle, will be losing their jobs. John Vechey, …

OnLive Re-formed as Half Its Staff is Re-hired OnLive Re-formed as Half Its Staff is Re-hired

Just before the weekend began last Friday, rumors about OnLive began to leak out over Twitter. The convoluted story gleaned from OnLive employees was that the company was entering bankruptcy and that its entire staff had been laid off. The …

OnLive Reported to Have Laid Off its Entire Staff [Rumor] OnLive Reported to Have Laid Off its Entire Staff [Rumor]

[UPDATE] Gamasutra is confirming that all OnLive employees have been laid off. [ORIGINAL] Today OnLive, the company that offers cloud-based, streaming gaming, was reported to have fired its entire staff. The company has denied that the OnLive service is shutting …

Google Announces 4,000 Motorola Mobility Layoffs Google Announces 4,000 Motorola Mobility Layoffs

Late summer’s layoffs in the mobile sector are set to continue. Google has announced that it intends to layoff 4,000 Motorola Mobility employees – about 20% of its entire workforce. According to a form 8-K filed earlier this month with …