relocation

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  • Madden 25 will let you move to 17 different cities, revive historic teams

    by 
    Mike Suszek
    Mike Suszek
    05.22.2013

    In Madden 25's Connected Franchise career mode, players can take on the role of team owner and perform a number of new tasks, including relocating teams to new cities. Madden's Creative Director Mike Young told Joystiq today that the mode is designed to limit the franchise relocation option to 17 different markets. The 17 cities include Brooklyn, London, Dublin, Toronto, Mexico City, Los Angeles, Austin, Columbus, Orlando, Portland, Oklahoma City and Memphis. Additionally, some locations with an already-established NFL presence can receive a second team, such as Chicago and Houston. Players will have the option to retain their team name, logo and uniforms when moving or select from three different preset options for each city, including the Brooklyn Beats. The mode also grants players the option to reboot now-defunct teams from the NFL's history, such as the Columbus Panhandles, London Monarchs or the Houston Oilers. Players can opt to turn off the team relocation feature, disabling the option entirely. EA Sports provided us with a new trailer for the game in which Young discusses the move from Madden 13's Connected Careers mode to this year's Connected Franchise mode. Madden 25 will launch August 27 for PS3 and Xbox 360.

  • Polyphony Digital shipping a third of its employees out of Tokyo

    by 
    Jordan Mallory
    Jordan Mallory
    07.09.2011

    Gran Turismo 5 developer Polyphony Digital is transferring 50 of it's 150 employees to a new location in Fukuoka, over 500 miles away from their main HQ in Tokyo. According to EDGE, the partial relocation has been prompted by mounting concerns over another devastating earthquake in the Tokyo region, as well as the Fukushima nuclear crisis that followed last March's tsunami. Fukuoka, while no stranger to earthquakes itself, is Japan's second-youngest and second-fastest-growing city, according to 2000 census information. The city is positioning itself as a developer-friendly environment, counting Professor Layton developers Level-5 among its denizens. Polyphony Digital's arrival bodes well for the district, as it may encourage other developers to reduce operational risk by spreading their teams across the nation.

  • Foxconn reports $218 million full-year net loss, worse than analysts' expectation

    by 
    Richard Lai
    Richard Lai
    03.31.2011

    Foxconn, the mega-manufacturer behind many popular gadgets, posted a $218.3 million net loss for 2010 yesterday. While the company had previously predicted lower earnings amid suicide-related wage increases and welfare costs, the reported figure is still worse than analysts' estimation of around $202 million, which also far outweighs the prior year's $38.6 million profit. Foxconn puts the blame on higher consolidated income tax and increased competition, as well as "cost streamlining actions" -- a reference to the ongoing relocation and expansion plans, which are also the outcome of the Chinese suicides -- that took longer than expected and led to increased spending along with higher manufacturing overhead. As for 2011, Foxconn said it'll "take decisive actions to conclude our capacity relocation, optimize our cost structure and return to profitability." Of course, further losses could accelerate plans to increase prices, which could ultimately put everyone in a lose-lose situation if Foxconn can't compete. Excerpts from the financial report can be found after the break.

  • UTV moves Mytheon development to China, hints at upcoming closed beta

    by 
    Jef Reahard
    Jef Reahard
    01.06.2011

    The latest chapter in the saga of the free-to-play action MMO called Mytheon features a lengthy quest across a vast ocean and two continents -- and that's before a player even logs into the game. In a press release dated earlier this morning, Texas-based UTV True Games announced the relocation of Mytheon development to its internal studio in Beijing. "Moving the development of Mytheon to our internal studio is a very positive move for the game because we have total creative control over the title and we can tailor Mytheon's content to the preferences and needs of the community that has already grown around it," said UTV CEO Jeff Lujan. Some of said content tailoring is taking the form of improved guild functionality, camera controls, and tweaks to the various stones and stone types. For the uninitiated, Mytheon players are referred to as Stonecasters after their ability to combine and cast magical stones in battle. In addition to the studio move, UTV has announced that a new closed beta phase will begin in late January. Previous testers will be contacted via email and will be able to use their existing accounts to access the new phase.

  • 38 Studios Rhode Island deal still up in the air

    by 
    Jef Reahard
    Jef Reahard
    11.02.2010

    Just when we thought 38 Studios' epic quest to move its guild headquarters to Rhode Island was nearing its conclusion, a posting on the blog of a local television news outlet casts a bit of doubt on the successful outcome of the proceedings. Reporter Ted Nesi writes that the state's Economic Development Commission is itching to close the $75 million loan it's taken out for 38 Studios. However, if Lincoln Chafee wins the governorship in today's election, it could trigger a showdown, given the candidate's outspoken criticism of the deal. The other leading candidate, Frank Caprio, has said that if elected, he will "march down to EDC headquarters on Wednesday to do something unspecified about 38 Studios." In other 38 Studios news, Amazon has recently published the official box art of Kingdoms of Amalur: Reckoning, the first official game to come out of Curt Schilling's company (currently slated for a September 2011 release). Check out the details, as well as a new screenshot, at 38gamers.

  • 38 Studios announces official Rhode Island relocation

    by 
    Jef Reahard
    Jef Reahard
    09.23.2010

    The lengthy saga of 38 Studios' relocation looks to be drawing to an end, as the fledgling game company has published a press release touting the impending lease of an office building in downtown Providence, Rhode Island. Originally headquartered in Massachusetts, the developers behind the eternally cryptic MMORPG code-named Copernicus were offered a loot bag full of $75 million in loan guarantees by the Rhode Island Economic Development Corporation. The relocation will generate 450 high-paying tech jobs, and state governor Donald Carcieri lauds it as a move that will "provide job opportunities for our college graduates in a fast growing industry, and will attract other interactive and entertainment companies to Rhode Island."

  • 38 Studios relocation loan in jeopardy

    by 
    Jef Reahard
    Jef Reahard
    09.03.2010

    Democratic Rhode Island gubernatorial candidate Frank Caprio has flip-flopped in his stance towards a $75 million loan from the state's Economic Development Corporation to fledgling game maker 38 Studios. The development house, founded in 2006 by former Major League Baseball pitcher Curt Schilling, is hard at work on the top-secret Copernicus MMORPG and was offered the lucrative deal in exchange for moving the company's headquarters from Massachusetts to Rhode Island (and bringing a proposed 450 high-paying jobs to the state's economy). Caprio, who currently serves as Rhode Island's general treasurer, is one of several political candidates condemning the deal, a marked change from his views in past weeks, notes the Boston Globe. "I am not going to stand by and watch us gamble taxpayer dollars on a bad deal when there are thousands of small businesses in need of more access to capital," Caprio said in a press release dated August 31st.

  • Foxconn axes suicide compensation, relocating some production to Vietnam or Taiwan

    by 
    Richard Lai
    Richard Lai
    06.09.2010

    At yesterday's annual shareholder meeting, Foxconn revealed that it'll no longer be compensating families of dead employees as a move to discourage further suicides. CEO Terry Gou reasoned by exhibiting evidence that showed the money -- an amount almost equivalent to ten years' worth of salary -- was a major motivation for the suicides. One such exhibit was a man's suicide letter that contained the following message for his parents: "...now I'm going to jump off Foxconn, really leaving now, but you don't have to be sad, because Foxconn will pay a bit of money, this is all your son can repay you now." Gou also blamed a possible "Werther Effect" created by the news coverage, which might have led to six of the twelve suicides all taking place in May. Consequently, the company will be handing over its welfare management work to the local Chinese government, as it's unable to deal with too many social responsibilities. In the same meeting, the company made an unsurprising announcement that it's looking to relocate some manufacturing work, amid a worsened earnings forecast due to increased wages -- basic salary has gone up from ¥900 ($132) to ¥1,200 ($176), rising to as much as ¥2,000 ($293) for those who meet new performance criteria. This will involve setting up a fully automated facility in either Taiwan or Vietnam, while the existing Vietnamese plant will be receiving more orders. Chairman Samuel Chen also said that Foxconn will be working with its clients to share the load -- no further details on this, but we suspect Apple's rumored direct subsidies are part of the plan.

  • Rising labor costs in China may lead to pricier electronics, manufacturing relocation

    by 
    Vlad Savov
    Vlad Savov
    06.08.2010

    You might recall that Foxconn, faced with the searing spotlight of the world's attention on its working conditions, recently announced not one but two wage increases for its employees, which is now looking like part of a larger trend in China toward higher pay. The city of Beijing has said it'll be raising its minimum wage by 20 percent, to 960 Yuan ($140) a month, and is expected to be followed by others. The New York Times pins this on numerous factors, including growing competition for workers, state authorities insisting on higher standards, and a national policy effort to ease the gap between rich and poor. All good news, you might think, but these worker-friendly measures are taking their toll on manufacturing costs, and now there's talk of companies relocating production to cheaper locales. Vietnam, India and Indonesia are the prime suspects for taking production duties away from China, with some companies also apparently contemplating shifting to poorer regions within the nation. These changes are unlikely to perturb high-end electronics manufacturing in the short term, due to its more sophisticated infrastructure and supply chain, but the end consumer might still feel their effect in the form of higher prices. Inflation within China and a projected increase in its currency value are likely to drive up the cost of exports, so we'd advise buying what you need sooner rather than later. [Thanks, Daniel]

  • Foxconn raising wages, relocating 20 percent of Shenzhen workers closer to home (updated)

    by 
    Thomas Ricker
    Thomas Ricker
    05.28.2010

    After a string of highly localized suicides at Foxconn's manufacturing campus captured the world's attention -- again -- the company has decided to increase worker wages by about 20 percent. Foxconn says that the pay raise had been planned for some time but did not say when it would be implemented. Mind you, a 20% bump in the third quarter is not unusual as Foxconn ramps up production for the holidays. In fact, Foxconn has given raises by as much as 50% in the past according to Vincent Chen, analyst at Yuanta Securities in Taipei. At the moment, Foxconn entry-level line workers are paid 900 yuan (about $131.80) per month -- remuneration that exceeds the local minimum wage in the area. And that's before bonuses and that oh-so tempting overtime pay are factored in. It's also worth noting that Foxconn is said by a factory worker surnamed Wang, to pay 100,000 yuan (about 10 times a worker's annual base salary) to families of suicide victims -- a sum he says has tempted some to their death. Update: CEO Terry Guo is being quoted as saying that Foxconn plans to relocate some facilities and about a fifth of its Shenzhen workforce (that's about 80,000 people based on the 400k estimates tossed around) to western parts of China so that the workers can be closer to their families. Meanwhile, Sony, Nokia, and Nintendo, all Foxconn customers, have joined Apple, Dell, and HP in expressing their public concern over the working conditions in Foxconn.

  • Bungie hiring 'Personal Assistant/Gopher' to help with office relocation

    by 
    Griffin McElroy
    Griffin McElroy
    05.14.2010

    Are you always a Johnny (or Julie)-on-the-Spot when one of your friends asks for help with a big cross-town move? You may be able to exercise those skills in a more profitable manner by applying for a position which just came open at Bungie: A "Personal Assistant/Gopher" who will tag along with the Studio Head, and "assist in the coordination of a major office relocation/move." Which office is moving, and where are they moving to, you might be wondering? That's a great question -- one that's not answered by the fairly discrete hiring notice. We certainly hope Bungie hasn't decided to move in with Activision, however. We're sure they've got room for them, but ... well, it's far too early in the relationship to put that kind of pressure on either party. Not to mention the fact that they'd be living in sin.

  • Economic crisis may force CCP Games to leave Iceland

    by 
    James Egan
    James Egan
    12.22.2008

    The global financial crisis is hitting many companies and individuals very hard. This is especially prevalent in Iceland, home of CCP Games -- the developers of the sci-fi massively multiplayer online game EVE Online. The collapse of Iceland's banking system and currency has been devastating to the nation. "Icelanders are reeling from the shock of having everything they knew virtually disappear overnight," Valur Gunnarsson reports from Reykjavik for The Guardian.Despite these economic woes, Hilmar V. Pétursson, the CEO of CCP Games, gave assurances all is well with the company back in October. He's stated that CCP is "well isolated" from the banking crisis, that their holdings and assets were diversified enough (due to partner relationships in different parts of the world) to stave off the ruin that many other Icelandic companies are facing. But there's a potential downside to that diversification: restrictions on access to foreign currencies have gone into effect in Iceland. Specifically -- as it relates to CCP Games -- on foreign investment coming into the country. Are these restrictions enough of a hassle that CCP Games would ever need to leave Iceland?