Swedish developer Grin has gone bust. On its website, the company ascribed its woes to “too many publishers have been delaying their payments, causing an unbearable cashflow situation.” Grin is best known for Ghost Recon Advanced...

According to VentureBeat, a number of Foundation 9’s studios will be affected by the redundancies, including: The closure of the Fizz Factor game studio in Austin, Texas The merger of the Amaze and Griptonite studios in Kirkland,...

Despite the successful launch of Free Realms, Sony Online Entertainment, publisher of Everquest,has decided to reduce headcount by 5%. 41 of the company’s 800-odd staff will be affected by the layoffs. (via IndustryGamers)

Warner Bros bid for Midway has gone through, but the global media conglomerate didn’t want Midway Newcastle, the studio formerly known as Pitbull and responsible for the The Wheelman franchise. GamaSutra estimates that 80 developers were affected...

The Warner takeover of Midway has gone through, and Midway’s head office staff are paying the price. 60 staff at the company’s Chicago head office have been made redundant, including CEO Matt Booty. It seems that 100...

No sooner has Codemasters shipped Damnation than the developer, Blue Omega, shuts its doors. Reports suggest a troubled development process, with Blue Omega turning to outsourced development teams, Velvetelvis Studios and Point of View, who allegedly then...

In a nice “thank you” for finishing recruitment title America’s Army 3, the US Army has told the studio concerned that they are being shut down, according to Develop. The California studio will be closed with future...