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layoffs

THQ's downfall photo
THQ's downfall

Former THQ president on where the company went wrong


THQ 'had every chance to survive,' says Rubin
Jan 31
// Jordan Devore
While THQ was split up following its Chapter 11 bankruptcy, not all of its properties have been auctioned off yet, and there's still plenty left to say about the now-defunct publisher. MCV ran an insightful piece today coveri...
SuperBot layoffs photo
SuperBot layoffs

SCEA confirms layoffs at PlayStation All-Stars developer


SuperBot Entertainment
Jan 25
// Jordan Devore
Last I heard about PlayStation All-Stars Battle Royale developer SuperBot Entertainment, the studio was hiring; that's the kind of story we like to see. Lately, however, it's been less cheerful. It seems SuperBot has been hit...
Layoffs at Gas Powered photo
Layoffs at Gas Powered

Gas Powered Games sees layoffs, might close Kickstarter


Studio behind Dungeon Siege and Supreme Commander
Jan 18
// Jordan Devore
When thinking of what-if scenarios that you wouldn't want to happen while running a Kickstarter campaign, I feel like "layoffs" would be up there pretty high. Days after seeking crowdfunding support for its action-RPG/RTS Wil...
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The DTOID Show: XCOM DLC, Sim City, Zynga & Warfighter


Plus: How to become a wizard
Oct 24
// Max Scoville
Today on The Destructoid Show, we discuss XCOM: Enemy Unknown's upcoming Slingshot DLC, Sim City's momentary delay, Medal Of Honor: Warfighter's less-than-thrilling reception, and crappy ol' Zynga doing a bunch of crappy stuff. Again.
Big layoffs at Zynga photo
Boston studio shut down, others face closure
There were a number of layoffs at Zynga today, as you might have heard from employees who were affected and quickly spread the word. An internal note from CEO Mark Pincus confirms much of what's been said about the significan...

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Starhawk developer Lightbox lays off 75% of its staff


Makes move toward iOS, away from Sony
Oct 19
// Allistair Pinsof
"And yeah, its time for another drink..." Dylan Jobe, president of Lightbox Interactive, posted on Twitter, Tuesday. Sony made a gamble when it invested in Lightbox Interactive to make a competitive multiplayer shooter called...
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Microsoft cuts Lionhead staff by 'less than 10%'


Devs disposed off once The Journey was finished
Oct 16
// Jim Sterling
Following the completion of Fable: The Journey, Microsoft shaved somewhere under 10% of Lionhead Studios' workforce, the publisher told GI International this week.  "We are working closely with the affected employees dur...
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WipEout developer SCE Studio Liverpool closed


Aug 22
// Jordan Devore
In a statement released today by Sony, it was announced that SCE Studio Liverpool has been shut down. Founded as Psygnosis, the developer was best known for its work on the WipEout series. "It has been decided that Liverpool ...
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'About 50 people' affected by layoffs at PopCap


Aug 21
// Jordan Devore
Following rumblings of layoffs at PopCap Games earlier today, co-founder John Vechey has commented on the company's "reorganization" in a blog post. Around 50 people have lost their jobs in North America, and Vechey says "we'...
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Slant Six hit with layoffs


Jun 12
// Chris Carter
Despite the fact that Resident Evil: Raccoon City was a success in Capcom's eyes, it seems that developer Slant Six can't catch a break. The developer recently informed GameSpot that more than a quarter of their workforce has...
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Layoffs and reorganization continue at Electronic Arts


Apr 26
// Fraser Brown
It looks like EA's "restructuring" just keeps on going. Up to 50 staff at EA Montreal may lose their jobs. EA confirmed this, but said that many of the staff will be moved to other projects and only a "small number" will leav...
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EA blows off layoff reports following BF3, SWTOR letdowns


Apr 16
// Jim Sterling
Electronic Arts is alleged to be cutting between 500 and 1,000 jobs due to Battlefield 3 and Star Wars: The Old Republic performing below expectations. EA has downplayed the reports, though it wouldn't deny that jobs have bee...
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The DTOID Show: Journey, FEZ, and Wasteland 2!


Mar 31
// Tara Long
Happy Friday, folks! In case you missed it, The Destructoid Show went live earlier today, and in addition to giving out four codes for Waveform on Steam, we also covered a metric shit-ton of news that happened recently - som...
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Sega hit hard: Restructure brings games cancellations


Mar 30
// Dale North
Sega HQ in Japan says that they're bracing for "extraordinary loss" for the fiscal year ending tomorrow, and will launch a plan to reform the company to be smaller and tighter, with a cost to the company coming in at around 7...
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Layoffs at Obsidian: South Park team affected


Mar 14
// Dale North
Social buzz this morning pointed us to layoffs at Obsidian Entertainment, the developers behind the upcoming South Park RPG. Twitter, blogs and even Obsidian's forums have lit up with news of team members being dropped. Quick...
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Twisted Metal dev hit with layoffs, David Jaffe leaving


Feb 07
// Jim Sterling
[Update: Jaffe has responded to today's news, confirming that layoffs were had, but addressing talk of casual development by saying, "I have zero plans to make games like FARMVILLE and ANGRY BIRDS. I never said what I was doi...

THQ lays off 240, board of directors takes 50% pay cut

Feb 01 // Samit Sarkar
THQ expects that the layoffs will cost about $8.5 million -- $8 million in severance for affected employees, and $0.5 million in contract terminations -- and that the company will incur additional costs of $2.5 million for abandoning other "fixed assets." Most of the layoffs will come before the end of the company's 2012 fiscal year on March 31, and the rest will occur between then and the end of the fiscal second quarter on September 30.The same SEC document noted that THQ president and CEO Brian Farrell's base salary will drop by 50%, from $718,500 to $359,250, for one year as of February 13, 2012. In addition, if THQ fires him "without cause" or if he resigns for "good reason," the bonus-based part of his severance package will now match his highest-ever annual bonus, instead of being three times as much as that previous high. The non-employee members of the company's board of directors (i.e., everyone except Farrell) are also taking a 50% pay cut for a year, although their cuts go into effect today.THQ has promised further details in its third-quarter conference call, scheduled for tomorrow afternoon.THQ Investor Relations - SEC Form 8-K, 02/01/2012 [THQ]
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The hits just keep on coming for THQ. Last week, the publisher announced a shift away from licensed kids' games, likely related to poor multiplatform uDraw tablet sales. Yesterday, NASDAQ warned THQ that its underperforming s...

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Warner Bros.' Seattle studio gives the gift of pink slips


Nov 05
// Victoria Medina
The ugly trend of development studios letting staff go continues today with word of Warner Brothers' Seattle Studio having to cut staff across  a number of development teams. While no specific studios were named, the Sea...
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Some sad news out of THQ as the company has announced a "strategic realignment of its internal studio development teams." Basically, THQ is moving away from their kids and movie-based properties to focus on "high-quality owne...

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Lay-offs hit Black Rock Studios


May 05
// Maurice Tan
An anonymous source told Eurogamer last night that Split/Second and Pure developer Black Rock Studios is being hit with lay-offs. Supposedly, only 40 jobs are safe from termination with about 100 jobs at risk. Disney Interact...
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SOE restructuring, layoffs coming, The Agency canceled


Mar 31
// Dale North
You might have heard rumors this week that SOE is preparing for layoffs. It turns out that some of those rumors are true. Destructoid contacted Sony Online Entertainment for an official statement earlier this morning. We now ...
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Linden Labs has laid off almost a third of its employees


Jun 10
// Conrad Zimmerman
Second Life must be going through some hard times indeed. According to a press release, Linden Labs is cutting its workforce by roughly 30%. According to CEO Mark Kingdon, the restructuring will free the company to pursue new...
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Rumor: Game Room developer Krome hit with layoffs


Apr 22
// Brad Nicholson
Xbox LIVE Game Room developer Krome might have experienced yet another round of lay-offs. IGN's recent report on the matter states that, allegedly, around 30 people were handed pink slips "overnight." AusGamers is hearing som...
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We're turning comments off for a bit


Apr 01
// Niero Gonzalez
Hey guys, we know you like to have your fun, voice your opinions, and argue over your favorite gear, but over the past few days the tone in comments has really gotten out of hand. What is normally a charged -- but fun -- e...
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Rumor: Staff cuts hit Rebellion


Mar 10
// Hamza CTZ Aziz
Develop-Online is reporting that up to 20 Rebellion employee's have been let go from the Oxford studio. Rebellion's Derby location is reportedly no more as well. It's been known that the Derby studio has been facing some trou...
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Rumor: Prototype, Guitar Hero developers hit with layoffs


Feb 11
// Brad Nicholson
It's possible that two Activision-tied studios, Radical Entertainment and Neversoft, have been serving pink slips to their employees.According to Kotaku sources, Radical, developer of last year's open-world action game Protot...
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Namco Bandai posts huge losses, fires 10% of its staff


Feb 02
// Jim Sterling
Looks like charging obscene amounts of money for terrible downloadable content didn't work out so well.  Namco Bandai has recorded a massive loss of ¥11.7bn (£81.3m / $129.5m) over the nine months ending D...
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Cursed Mountain developer gets shut down


Jan 31
// Jim Sterling
If you were a fan of the spooky Cursed Mountain, we have some bad news for you. Developer Deep Silver Vienna has closed its doors after only one game, due to financial issues. Probably because they developed an interesting Wi...
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In news that has caused a flurry of shaking heads and angry Tweets from members of the gaming media, it has been revealed that Crispy Gamer's entire editorial staff has been laid off, a month after the company acquired the Ga...

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Warner Bros. Interactive lays off 25 employees


Jan 13
// Brad Nicholson
The word earlier yesterday afternoon was that Warner Brothers Interactive handed out pink slips to several employees across a few of its studios, including FEAR 2 developer Monolith. Turns out that information was correct.Sha...

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