Two announcements today suggest that companies embracing free-to-play business models may have over-extended themselves and are having to cut back. But the key question is whether this is a sensible restructuring of rapidly growing business or a...

THQ announced dismal third quarter results today and announced plans to reduce headcount by 24%, representing approximately 600 jobs. The additional savings planned: $70 million in development through headcount reductions and “studio dispositions” $30 million in sales,...

In its third quarter results yesterday, EA announced that it was to lose a further 100 jobs, raising the total to 1,100. The company gave some details on how it intends to manage costs aggressively over the...

AMD has announced that it will reduce headcount by 1,100, of which 900 will be redundancies and 200 will come from “natural attrition”. It also sold its handheld chip unit to Qualcomm for $65 million. The chip...

THQ has today announced a restructuring plan that will lead to the loss of 250 jobs. The bulk of the redundancies will occur in product development. Added to the GameOverZone.