Tag: business news
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Square Enix Reports Significant Job Cuts in North America and Europe
Square Enix, the well-known Japanese gaming company, has recently announced considerable downsizing operations on both its North American and European branches. This decision, which is speculated to impact hundreds of employees, is a part of broad restructuring goals that aim to bolster profitability by redirecting resources to live service and mobile game development. Their CEO,…
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Sony Confirms Reduction of Approximately 900 Positions, Shuts Down London Studio
Sony Interactive Entertainment (SIE) has recently announced layoffs of more than 900 employees, which is approximately 8% of its workforce. The company also announced the closure of PlayStation Studios London. Statements from President and CEO Jim Ryan and Head of PlayStation Studios Herman Hulst reveal that both US and European groups would be affected, including…
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Discord to Cut Jobs of 17 Percent of Its Workforce
Today, I am sharing a difficult announcement. In our pursuit to better serve our users, business, and mission, we have taken the unfortunate step to reduce our workforce by 17%, letting go of 170 talented colleagues. Over the last few years, our company has grown significantly and while we’ve made remarkable strides in serving our…
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Versus Evil, a game publisher, ceases operations and lays off staff just days before Christmas.
After a decade in the industry, indie game publisher Versus Evil announced its indefinite closure. Earlier noted for distributing popular games like The Banner Saga by Stoic Studio and Pillars of Eternity by Obsidian Entertainment, the news was confirmed just days before Christmas and following a $2 million investment by Atari in Versus Evil’s parent…