Tag: Layoffs
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Intel’s Brace of Big Workforce Reductions in the Face of Market Challenges
Intel has disclosed plans of conducting a mass retrenchment process involving more than 15,000 workers in line with costs cutting measures occasioned by challenges facing the market and stiff competition from companies like Nvidia.
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Activision Sold AI-Generated Cosmetics for Modern Warfare 3
A recent report alleges Activision used AI-generated content in a Modern Warfare 3 cosmetic bundle. This raises concerns about potential job losses in the gaming industry and the role of AI in game design.
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The Studio Behind Just Cause Series & Xbox’s Next Big Exclusive, Hit with Layoff and 2 Studio Closures
Times have gotten harder for the employees of Avalanche Studios, the developer behind the Just Cause series and the upcoming Xbox console-exclusive title Contraband. 50 odd workers were laid off and two of its studios in New York and Montreal’s operations were shut down earlier today. In an official blog, the company announced how the…
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FaZe Clan Faces 40% Staff Reductions Amid Public Scrutiny
In a recent development, FaZe Clan, a prominent gaming and esports organization, has announced another round of staff reductions, affecting 40% of its workforce. This decision comes amid mounting criticism from both the gaming and esports communities, including former members of the company. FaZe Clan’s choice to go public has drawn particular scrutiny, and the…