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Factor 5 reported to have laid off 37 staff
According to a report in Edge, developer Factor 5 has made 37 staff redundant. The redundancies represent half the staff, leaving 38 employees still working at the San Rafael, California company. Factor 5 has developed a long...
- Posted 16 years ago
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Entertainment UK to close
Entertainment UK (usually known as EUK) is no longer being seeking buyers as a going concern and will be closed, according to administrators Deloitte. 700 staff have been made redundant immediately, with 375 staff retained. The decision...
- Posted 16 years ago
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Mastertronic trims 10% of headcount
As part of a restructuring that sees Dutch firm Hermans take an equity stake, Mastertonic has laid off five staff. Added to the Job Loss Tracker.
- Posted 16 years ago
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Gearbox cuts 25 jobs amidst rumours of cancellation of Aliens: Colonial Marines
Shacknews reports that Gearbox has made up to 26 staff redundant, following rumours that Sega has cancelled Aliens: Colonial Marines. CEO Randy Pitchford has subsequently stated that to say it has “halted” is an “inaccurate characterization.” 26...
- Posted 16 years ago
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Brash Entertainment ceases trading
Variety is reporting that Brash Entertainment is to cease trading tomorrow. The news follows 20 layoffs last week and the critical and commercial failure of the three games that the company has released: Alvin and the Chipmunks,...
- Posted 16 years ago
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Cyan Worlds lays off 50 staff, reduced to skeleton crew
Cyan Worlds has made nearly all of its staff redundant, with 50 people laid off. Cyan World’s primary client, Gamecock, was recently acquired by SouthPeak Interactive. CEO Tony Fryman is quoted as saying that he was uncertain that...
- Posted 16 years ago
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Brash Entertainment struggles, lays of 20 staff
Brash Entertainment has made 20 employees redundant. The company raised $400 million to make games based on movies, but its first titles – Alvin and the Chipmunks, Jumper, Space Chimps – all flopped. Twenty staff have been...
- Posted 16 years ago