All Posts Tagged Tag: ‘Layoffs’

Is ESPN Starting A Round of Layoffs?

Is the worldwide leader in sports getting ready to start cutting some of their fat? If the report at Deadspin is to be believed, the answer is, it certainly looks that way. In fact, the report indicates “hundreds” will be meeting the ax, which, considering the popularity of, well, everything related to sports–especially in the social media world–the move comes …

Read More

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 its Staff blog: A year ago, Tumblr did something unprecedented — we created an editorial team of experienced journalists and …

Read More

Disney Layoffs to Expand to Studios, Consumer Products

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 past year, the closure of LucasArts came as a shock to many gamers who remember classic games such as Maniac …

Read More

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 begun laying off 1,200 employees at its Motorola Mobility hardware division. The cuts are a result of Motorola’s inability to …

Read More

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 largely from Big Huge Games, a developer that itself was shut down in the wake of the 38 Studios failure. …

Read More

Blockbuster Closing 300 More Stores in the U.S.

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 stores across the U.K. will be closing, Blockbuster in the U.S. is having similar difficulties. Dish Network, the parent company …

Read More

StumbleUpon Cuts 30% Of Staff, All Company Areas Affected

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 to enable the company to become more streamlined, focused and to better execute against its goals in 2013. As a …

Read More

Developer Eurocom Shuts Down in Wake of 007 Legends Failure

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 a statement to Eurogamer, revealing that the company was not able to secure new development contracts in time to pay …

Read More

PayPal Cutting Jobs, Following Up On Previously Announced Reorganization Plans

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 consolidating PayPal’s product groups into a central global product organization led by Hill Ferguson, who was previously in charge of …

Read More

Zynga Laid Off Over 100 Employees During The Apple Event

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 that stupid to try a stunt like that though, right? That seems to be exactly what happened during the iPad …

Read More

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 Vechey posted a well-worded blog entry about how much losing your job and firing people sucks. The statement was heartfelt …

Read More

Bank of America to Cut 16,000 Jobs by Year’s End

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 that the layoffs are part of cost-cutting measures that will make the company “a leaner and more focused enterprise. The …

Read More

Page 3 of 5«12345»