staff cuts
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Sharp reports 2,000 job cuts in Japan, more changes expected
There was little doubt jobs would be on the line after Sharp's significant Q1 losses, but now it's official. Following a board meeting today, the company has joined the likes of RIM, Sony and HP, announcing the "voluntary retirement" of around 2,000 staff in Japan before the year's out. The layoffs are part of a wider, textbook reorganization plan, and are expected to cost a sizeable 27 billion yen (approximately $344 million). Neither figure is set in stone, however, so when everything is finalized we could see more jobs impacted and those costs soar. Whether this puts off potential investment from Hon Hai Precision Industry is unknown, but while Sharp's TVs get ever bigger, its wallet continues to get thinner.
Layoffs hit Paragon Studios
A rumor has just broken that Paragon Studios, the team responsible for City of Heroes, has just undergone a round of layoffs. This comes following the launch of Going Rogue, the game's second boxed expansion and center of a major re-arrangement for the game. Among those rumored to be laid off is Christopher Bruce, known to the fans of the game as Back Alley Brawler and the senior animation lead for the studio. While there have been rumors for some time that the team had been expanding and working on an additional project, possibly a sequel to the now-venerable City of Heroes, it's unknown what long-term impacts these layoffs might have on both the existing game and any future projects. We contacted NCsoft and received official confirmation of the layoffs, but the company thus far has been unable to provide information on who, exactly, has been let go. Our condolences go out to all employees affected by the layoffs.
