Tag Archive

Twitter To Layoff 4000 Staff

Posted on October 10, 2015 by Rae Michelle Richards

Reports have surfaced that Twitter is planning to layoff over 4,000 staff members and cancel a major expansion to their San Fransisco headquarters. The reason behind these cuts – spearheaded by the company’s new CEO – are an effort to curb rising operating costs and a lower stock price.

How will this affect users of the popular social media site and its plan to move beyond the 140 character limit is unclear at this time. Recently Twitter has talked about expanding the amount of characters – giving users more room to express themselves.

Do you use a lot of Twitter, readers? I’m a bit of a Social Media junkie with well over 12,000 tweets to my name. I’ve made some of my very best friends via Twitter and I’m sad to see a lot of people about to lose their jobs 🙁

[Source]

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Report: Silent Hill Downpour Developer Under Review

Posted on July 24, 2012 by Rae Michelle Richards

Vatra Games, developers behind the mediocre Silent Hill Downpour are in trouble according to reports around the industry. Parent company Kuju Entertainment issued a statement regarding Vatra Games, simply saying that they are reviewing all aspects of their games business including the Silent Hill studio.

“[We have] been conducting a strategic review of all aspects of the business  and the activities of Vatra are currently under review.”

Despite all of the denial going around, officially, members of fellow Czech based developer, 2K Czech, tweeted ” Vatra Games RIP” despite no reports of mass layoff, closure or sale just yet. If more develops we will be sure to bring it to you.

Source: IGN

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20 Staff Laid off From Dead Rising Studio

Posted on July 19, 2012 by Rae Michelle Richards

20 staff members from Capcom Vancouver (formally Blue Castle Games) have been laid off the studio confirmed via their official twitter account. After publishing 4 Dead Rising titles in two years (Dead Rising 2 & Off the Record where standalone titles and Case: West/ Case: Zero where downloadable) it is understanding that they would want to work on a brand new IP. It is unknown if these lay off will affect the development of their as yet unannounced game.

Capcom did issue a statement to Joystiq sometime after the intial tweet from Capcom Vancouver. It read as follows:Read More

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[Prototype] Developer No More

Posted on June 28, 2012 by Rae Michelle Richards

Radical Entertainment, the Vancouver-based developers behind [Prototype], [Prototype 2] as well as last generation’s Hulk Ultimate Destruction and The Simpsons: Hit and Run have close their doors Activision confirmed today.

News of the closure spread around social media rather quickly with former members of the studio breaking the news over twitter. Oddly, updates to the companies’ Facebook and Twitter accounts happened mere hours before the closure was announced, suggesting that this closure came about rather quickly.

Activision, the parent company of radical entertainment, issued a statement regarding the closure.Read More

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Twitter Becomes #38job Fair For 38 Studios/BHG

Posted on May 24, 2012 by Andrew Minott

In the wake of the announcement of the closing of Kingdoms of Amalur developers 38 Studios and Big Huge Games, a large number of gaming  professionals took to Twitter to post notices of job openings in the industry under the hashtag #38jobs.

Companies such as Epic Games, Microsoft, Bethesda/Zenimax, Insomniac, Blizzard (with a reported 110 openings), and dozens more responded in merely a few hours, encouraging those affected by the layoffs to send in their applications. Unfortunately, as the hashtag became more popular, Twitter spambots decided to descend upon the proceedings, resulting in a very poor noise-to-signal ratio.Read More

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Kingdoms of Amalur Developer Closes Doors

Posted on May 24, 2012 by Rae Michelle Richards

It looks like the long, twisting saga of problems that have plagued Kingdoms of Amalur developers 38 studios reached a bitter conclusion yesterday. Originally posted as a rumor, according to various sources, 38 Studios last paid their employees on April 30th and internally announced a companywide layoff effective immediately. Former employees and their families’ medical insurance also have run dry, ending Thursday night at midnight.Read More

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