While we're sitting here scratching our heads how a company can have a profitable year and yet still decide to ax hundreds of jobs, here are some less depressing things happening in video games: System Shock 3 is still lost in the shuffle...

In one of the biggest mass layoffs in recent memory for the video game industry, Activision Blizzard has reduced its workforce by eight percent. That amounts to approximately 800 employees who were left without jobs today. This maneuver com...

It looks like a massive shake-up is coming to Activision Blizzard next week that could affect hundreds of employees. According to a report in Bloomberg, the company plans to announce massive layoffs next Tuesday as it attempts to "centraliz...

The sudden and unexpected near-shuttering of Telltale Games rocked the video game industry two weeks ago. Telltale laid off approximately 250 employees, which was about 90 percent of its workforce. A skeleton crew of 25-or-so people were ke...

[Update: In a statement, Telltale described today's news as "a majority studio closure" and confirmed that 25 employees will stay on "to fulfill the company's obligations to its board and partners." More news about the studio's portfolio of...

Onrush won over critics but that didn't translate to commercial success. As a result, several members of the development team have been let go following Onrush's launch in June. Eurogamer reports substantial layoffs at Codemasters' Che...

Daybreak Studios, developer behind the previously popular H1Z1, has confirmed that an undisclosed amount of staff have been let go from the company. The dev told PC Gamer in an e-mail, "We are realigning our workforce to better position our...

Hangar 13, the developer behind 2016's Mafia III, was hit with a round of layoffs today. It's unclear how many of the Novato, California-based studio's employees were let go; LinkedIn estimates the company's size to be around 150 employees ...

A significant number of employees have been laid off from Capcom Vancouver today. Capcom confirmed the news to us shortly after Kotaku first reported it. In a statement to Destructoid, a Capcom representative said "Capcom Vancouver has unde...

Telltale Games underwent a major downsizing initiative today, as it laid off nearly 25 percent of its workforce. The episodic narrative-driven games developer let go of 90 employees. In a comment to GamesIndustry International, Telltale CEO...

[Update: CCP has sent along comment on today's events. Here's the quote, in full: "CCP Games is restructuring its studio locations worldwide, driven primarily by reduced investments in virtual reality and an increased focus on PC and m...

Volition (Saints Row, Agents of Mayhem) has laid off over 30 people, including general manager Dan Cermak, Kotaku reports. That's about 15% of its roughly 200-person staff and comes on the heels of Agents of Mayhem's August release.  A...

Not even two weeks have passed since Square Enix decided to drop IO Interactive, but people are already losing jobs while the company continues searching for a new parent. The Hitman developer posted an update on Twitter, stating ...

(Update: Motiga CEO and founder Chris Chung replied to our email shortly after publication. He confirmed that 15 of the studio's 82 employees were laid off today. In his words "Any kind of layoff is tough, but this was done to reduce o...

[Update: PlayStation responded to our inquiry. The layoffs were confined to a certain team, and the studio has not closed. Here's PlayStation's response in full: "We can confirm there has been a reduction in headcount at San Diego Stud...

The Windows Phone operating system looks like it's going the way of Zune as Microsoft announced 1,850 layoffs in its phone sector and an associated $950 million write-off ($200 million of which is reserved for severance pay). Of that number...

Gameloft is shuttering its studio in Valencia, Spain, Gamasutra reports. The location closed its doors this week and its 18 employees are now out of work, according to an unnamed source, who suggests this was a skeleton crew left behind aft...

Bit.Trip developer Choice Provisions (née Gaijin Games) has closed its San Francisco office.  "Over the past few years, the game industry has changed so dramatically that a mid-sized studio operating as we have for the past...

Activision Blizzard is shedding staff at Guitar Hero Live developer Freestyle Games. After announcing layoffs at multiple internal studios in a open call to investors back in February, the publisher confirmed Freestyle was among those affec...

Sega is laying off employees at its western mobile division Sega Networks and Three Rings Design, a development studio focused on developing online games. Speaking with VentureBeat, Sega asserted the "reduction in workforce" was a response ...

Following last week's investors' report, it seems as if Activision has laid off an undisclosed number of employees. These layoffs may be, in part, due to the fact that Activision says both Skylanders and Guitar Hero under-performe...

Just over two months after its most recent layoff announcement, Gigantic developer Motiga has announced another round of redundancies. Motiga CEO Chris Chung made the announcement on the site's official blog earlier today, citing the s...

In late 2014 Square Enix announced the formation of a new subsidiary company, Shinra Technologies. The Final Fantasy VII-nodding company name works on two levels, as Shinra's focus was cloud gaming, aiming to "break the stranglehold of havi...

Konami has confirmed yesterday's reports that it closed Konami LA, the studio responsible for the Metal Gear Online portion of Metal Gear Solid V: The Phantom Pain. The Los Angeles studio, formerly Kojima Productions LA before Konami scrubb...

Avalanche Studios, the developer of Just Cause 3 and Mad Max, cut roughly 24 staff across its Stockholm and New York studios, as its current round of projects came to a close. In a statement to Game Informer, Avalanche stated it had to let ...