Post Thumbnail

Sony will close all 14 of its Canadian retail locations, according to a press release issued on The Canadian Press. The company will shut down the stores "over the next six to eight weeks," resulting in 90 layoffs. The company has "been scaling back its business in Canada for the past year and has ...

4 months ago 0 Comments
January 16, 2015 at 6:30PM
Post Thumbnail

Sony announced a restructuring of its Sony Electronics division, resulting in the closure of 20 Sony Stores across the United States. The restructuring will affect approximately 1,000 employees "across all sites," which Sony says will amount to a staff reduction of one-third by the end of the calen...

1 year ago 0 Comments
Post Thumbnail

Sony Electronics is closing 20 of its 31 US-based store locations, the Japanese consumer electronics giant announced this afternoon. The news follows layoffs at Sony affecting approximately 5,000 employees worldwide; it's unclear if European or Asian Sony stores are affected by today's news (we've...

1 year ago 0 Comments
Post Thumbnail

The protracted demise of Blockbuster UK ends with all 91 remaining stores closing on December 16, and 808 employees losing their jobs as a result. Administrators at Moorfields Corporate Recovery were unable to find a buyer for the high street rental chain. "We really did try our best to find a b...

1 year ago 0 Comments
Post Thumbnail

Blockbuster UK is likely to follow in the footsteps of the recently defunct US arm, after administrators announced 62 further store closures, with 427 employees laid off as a result. The DVD and game rental chain entered administration (a.k.a. bankruptcy) again earlier this year, and insolvency spe...

1 year ago 0 Comments
Post Thumbnail

Blockbuster UK faces 452 layoffs and 72 store closures, after company administrators announced "necessary" measures for the once-again bankrupt retail chain. Moorfield Corporate Recovery, the company tasked with finding another buyer for the struggling outlet, said it wasn't an easy decision to mak...

1 year ago 0 Comments
Post Thumbnail

Only a week after acknowledging the closure of its San Diego office, Trion Worlds has announced in a statement that it will be closing down another office. Trion Europe in Guildford, UK, will be cutting 10 jobs in the process, including branch boss John Burns and communications boss Jon Goddard. ...

1 year ago 0 Comments
Post Thumbnail

Immediately following its closure by Zynga, the scene in the OMGPOP office was not what you might expect. As anonymous ex-employees told Business Insider, the Draw Something studio was determined to enjoy its final day. That meant booze, loud music, and defacing Zynga paraphernalia. "Most layoff...

1 year ago 0 Comments
Post Thumbnail

Following Zynga's massive layoffs, it's emerged the company may have shuttered Draw Something studio OMGPOP. As SiliconBeat spotted, the studio noted via Twitter yesterday "was the last day at Zynga for many OMGPOP staff," and former VP of Outreach Ali Nicolas tweeted she'd been laid off and that t...

1 year ago 0 Comments
Post Thumbnail

Social game monolith Zynga plans to shutter its New York City, Dallas and Los Angeles game development studios. Sources at Zynga confirmed the closures to Engadget, and also confirmed reports of layoffs affecting 520 employees (around 18 percent of the company's total workforce), and now CEO Mark ...

1 year ago 0 Comments
Post Thumbnail

There is no question about it: Bringing games online has fundamentally changed the way we play and interact with one another. Thanks to the web, we can share games with our friends from thousands of miles away. We can hang out with people who live in other countries and learn about human beings who...

2 years ago 0 Comments
Post Thumbnail

Despite recently seeing the first of what players hoped would be a string of new content, gPotato's new title Sevencore announced today that it will be closing its doors. A forum post says that the game "has proved to be less attractive to players than anticipated and thus [it's] become unprofita...

2 years ago 0 Comments
Post Thumbnail

The deluge of bad news isn't over for UK retailer HMV, with 37 more stores confirmed to be closing in addition to the 66 announced earlier this month. These further closures are resulting in 464 lost jobs, making a post-administrative total of at least 1,454 layoffs. HMV, one of the UK's most promi...

2 years ago 0 Comments
Post Thumbnail

HMV, a multimedia chain and one of the UK's top high street game retailers, is closing 66 of its 220 stores, with 930 employees losing their jobs as a result. Deloitte, the company's administrators, said the closures should occur within the next one to two months. "This step has been taken in order...

2 years ago 0 Comments
Post Thumbnail

Sony's slow and painful transformation continues with a restructuring of its newly-minted mobile division. In October, it's moving its headquarters from Lund, Sweden (presumably a holdover from its Ericsson days) to Tokyo -- for deeper integration -- and repurposing the duties of its facilities in...

2 years ago 0 Comments
Post Thumbnail

THQ has closed its offices in Italy and Spain and hired an outside distributor, Koch Media, to ship its games throughout those regions instead. The closures follow a "strategic review" of THQ's operations in Italy and Spain, according to Annie Sullivan, THQ's managing director of European market de...

2 years ago 0 Comments
Post Thumbnail

Epic Games' European head, Mike Gamble, says there's a simple reason we're seeing so many big game companies close triple-A studios lately: stupidity. "It's happened because of stupid acquisitions," he said in London recently. Quite a few studios have seen shutdowns, either after or even during b...

3 years ago 0 Comments
Post Thumbnail

Soul Master, an action MMORTS from GamesCampus, has announced that it will be joining the ranks of shuttered MMOs on November 16th. In something of a departure from your typical MMO shutdown, the notice on the free-to-play title's official website states that the game is tentatively scheduled to ...

4 years ago 0 Comments