layoff

AMD Confirms Layoffs of More Than 1,000 Employees

AMD has officially confirmed plans to lay off 4% of its global workforce, amounting to more than 1,000 employees, despite forecasts for AI-focused chip manufacturing and ...

November 14, 2024 at 9:27 pm by

Microsoft Cuts 650 Jobs in Gaming Unit

Microsoft has announced another wave of layoffs, cutting 650 jobs from its gaming division, according to a memo sent by Xbox CEO Phil Spencer on September 12. This comes just ...

September 12, 2024 at 8:40 pm by

Ubisoft Lays Off 45 Employees In U.S.

Ubisoft, the renowned video game publisher behind titles like Assassin’s Creed, has laid off 45 employees across its U.S. offices. The layoffs affect staff in ...

August 19, 2024 at 11:05 am by

Intel to Lay Off 10,000 Employees Worldwide

Intel plans to lay off 10,000 employees worldwide to save approximately $10 billion by 2025. This decision comes as Intel faces increasing competition from AMD and NVIDIA and ...

August 2, 2024 at 12:46 am by

Galvanic Games Shuts Down Due to Low Sales

Galvanic Games, the developer behind Wizard With a Gun, is closing its doors. Despite a promising start, the game’s sales were not enough to sustain the studio. Founder ...

June 16, 2024 at 7:26 pm by

Sumo Group to Cut Workforce by 15%

Sumo Group has announced plans to reduce its workforce by up to 15%, impacting nearly 250 employees. This decision comes as the company faces industry challenges and aims to ...

June 11, 2024 at 7:24 pm by

Avalanche Studios Announces Layoffs and Studio Closures

Avalanche Studios Group, known for its popular Just Cause series, is undergoing significant restructuring. The company will lay off 50 employees and close its US and Canadian ...

June 4, 2024 at 3:16 am by

Singularity 6 Lays Off 36 Employees

Singularity 6, the studio behind the cozy MMO Palia, has laid off 36 employees. This decision comes as the company navigates a challenging economic period. The layoffs ...

May 18, 2024 at 10:42 am by

Square Enix Announces Layoffs in US and Europe

In a significant move reflecting ongoing changes in the gaming industry, Square Enix is laying off employees in both the United States and Europe. The decision comes as part ...

May 14, 2024 at 8:51 am by

Xbox Reportedly Set for More Job Cuts as Focus Shifts to Major Titles

Recent reports reveal that Xbox is poised for further reductions, following substantial layoffs and studio closures. Notably impacted are Arkane Austin and Tango Gameworks, ...

May 9, 2024 at 9:42 am by

Take-Two Interactive Announces Significant Layoffs

Take-Two Interactive, the powerhouse behind the upcoming GTA 6, is cutting deeply into its workforce and canceling several projects. The company confirmed it is letting go of ...

April 17, 2024 at 8:20 am by

Gaming Industry Layoffs Criticized by Baldur’s Gate 3 Dev

Recent layoffs in the gaming industry, including those affecting the team behind Baldur’s Gate 3, have drawn sharp criticism. Larian Studios’ publishing director, ...

April 6, 2024 at 4:06 pm by

Toshiba Doubles Layoffs to Over 14000 Positions

The past few years haven’t been good for Japanese conglomerates and the it appears things are getting even worse at Toshiba. After a massive accounting scandal popped up ...

April 19, 2016 at 4:40 pm by

AMD Announces Restructuring Plan to Cut 5% of Workforce

When the Silver Lake investment talks broke down, AMD spoke of exploring other strategic options. Today, we’re finding out that one of these options being adopted is a ...

October 2, 2015 at 8:52 am by

Angry Birds Developer Rovio Lays off 110 Employees

It’s no surprise that the company that found luck with the insane success of Angry Birds has started to lay off employees. Despite being the most downloaded mobile ...

December 5, 2014 at 9:58 pm by

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