Sony Restructuring
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Bungie CEO Pete Parsons Is Leaving the Studio After Two Decades Amidst Restructuring
Bungie CEO Pete Parsons announced Thursday that he was leaving the studio after over two decades. Parsons, who led the company since 2015, will be replaced by Bungie’s chief development officer Justin Truman.
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Electronic Arts to Lay Off 5 Percent of Workforce, Reduce Office Space
Electronic Arts will reduce 5 percent of its workforce as part of a restructuring plan that also includes a reduction in real estate, the company said on Wednesday, as the video game industry struggles to grow amid high interest rates.
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Bungie Becomes the Latest PlayStation Studio to Lay Off Workers, Destiny 2 The Final Shape Delayed
Destiny 2 creator Bungie has been hit with layoffs, as part of restructuring with Sony Interactive Entertainment. An official number for the downsizing hasn’t been revealed yet, but it appears that the communications, social media, and publishing departments were affected the most. Additionally, Bungie has delayed the upcoming Destiny 2: The Fina...
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Borderlands Maker Gearbox Reportedly Up for Sale by Embracer Group
Borderlands developer Gearbox will reportedly be sold off by Embracer, as it attempts to stabilise after its $2 billion investment deal with Savvy Games Group fell through. The report suggests that some third parties are interested in acquiring the developer, while its CCO Dan Hewitt is even considering going independent. Embracer previously shut d...
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Electronic Arts Goes Through Massive Shake-Up, Splits Into EA Sports and EA Entertainment
Electronic Arts is undergoing a massive internal shake-up, splitting EA Games’ studios into two separate organisations — EA Games and EA Sports. The former has now been rebranded to EA Entertainment, suggesting that the company is looking to expand into media beyond video games. The division will continue to build on owned and licensed IP, whil...
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Sony Reveals Games for Restructured PlayStation Plus Subscription, Ubisoft+ Coming to PS
Sony has announced a selection of games that will be coming to PlayStation Plus Extra, and PlayStation Plus Premium/ Delux subscription tiers in June. The games will include titles from Ubisoft (via Ubisoft+ subscription).
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Sony to Restructure Its Mobile Division: Report
The reshuffle heralds a fresh strategy for Sony Mobile.
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Crytek in Crisis: Shuts Down Five Studios; To Focus on Premium IPs and CryEngine
Crysis and Warface maker Crytek to shut down several game studios and focus solely on the CryEngine and premium IP according to a prepared statement from the company.
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Sony Posts Biggest Annual Profit in 8 Years on Restructuring, Games
Operating profit rose JPY 329.2 percent to JPY 294.2 billion ($2.70 billion) for the year ended March.
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Sharp Posts Big Loss on Smartphone Downturn, Restructuring Costs
Sharp, a key supplier to Apple and other mobile phone makers, singled out a downturn in smartphone-screen demand in China.
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Sony Swings to Big First-Half Profit on Video Games
Sony has been emerging from a painful corporate restructuring that has included layoffs and asset sales.
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Sharp's April-June Loss Widens to $274 on Restructuring, Weak Sales
Earlier this year, Sharp said it was cutting 10 percent of its 49,000 positions worldwide as part of a turnaround plan.
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Sony to Spin Off More Divisions in Massive Restructuring Drive
After laptops, next on the list is the audio/video division, which includes Blu-ray Disc players and portable audio devices.
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Sony to Cut Another 1,100 Jobs in Mobile Arm; Trims Net Loss Forecast
"Including the 1,000 job cuts that we announced earlier, we are planning a combined total restructuring of 2,100 jobs."
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Sony Aims for Big Jump in Devices Revenue, More Restructuring at TV, Phone Units
The ambitious plan to hoist revenue was unveiled at a Sony investors' conference on Tuesday.
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Bungie CEO Pete Parsons Is Leaving the Studio After Two Decades Amidst Restructuring
Bungie CEO Pete Parsons announced Thursday that he was leaving the studio after over two decades. Parsons, who led the company since 2015, will be replaced by Bungie’s chief development officer Justin Truman.
-
Electronic Arts to Lay Off 5 Percent of Workforce, Reduce Office Space
Electronic Arts will reduce 5 percent of its workforce as part of a restructuring plan that also includes a reduction in real estate, the company said on Wednesday, as the video game industry struggles to grow amid high interest rates.
-
Bungie Becomes the Latest PlayStation Studio to Lay Off Workers, Destiny 2 The Final Shape Delayed
Destiny 2 creator Bungie has been hit with layoffs, as part of restructuring with Sony Interactive Entertainment. An official number for the downsizing hasn’t been revealed yet, but it appears that the communications, social media, and publishing departments were affected the most. Additionally, Bungie has delayed the upcoming Destiny 2: The Fina...
-
Borderlands Maker Gearbox Reportedly Up for Sale by Embracer Group
Borderlands developer Gearbox will reportedly be sold off by Embracer, as it attempts to stabilise after its $2 billion investment deal with Savvy Games Group fell through. The report suggests that some third parties are interested in acquiring the developer, while its CCO Dan Hewitt is even considering going independent. Embracer previously shut d...
-
Electronic Arts Goes Through Massive Shake-Up, Splits Into EA Sports and EA Entertainment
Electronic Arts is undergoing a massive internal shake-up, splitting EA Games’ studios into two separate organisations — EA Games and EA Sports. The former has now been rebranded to EA Entertainment, suggesting that the company is looking to expand into media beyond video games. The division will continue to build on owned and licensed IP, whil...
-
Sony Reveals Games for Restructured PlayStation Plus Subscription, Ubisoft+ Coming to PS
Sony has announced a selection of games that will be coming to PlayStation Plus Extra, and PlayStation Plus Premium/ Delux subscription tiers in June. The games will include titles from Ubisoft (via Ubisoft+ subscription).
-
Sony to Restructure Its Mobile Division: Report
The reshuffle heralds a fresh strategy for Sony Mobile.
-
Crytek in Crisis: Shuts Down Five Studios; To Focus on Premium IPs and CryEngine
Crysis and Warface maker Crytek to shut down several game studios and focus solely on the CryEngine and premium IP according to a prepared statement from the company.
-
Sony Posts Biggest Annual Profit in 8 Years on Restructuring, Games
Operating profit rose JPY 329.2 percent to JPY 294.2 billion ($2.70 billion) for the year ended March.
-
Sharp Posts Big Loss on Smartphone Downturn, Restructuring Costs
Sharp, a key supplier to Apple and other mobile phone makers, singled out a downturn in smartphone-screen demand in China.
-
Sony Swings to Big First-Half Profit on Video Games
Sony has been emerging from a painful corporate restructuring that has included layoffs and asset sales.
-
Sharp's April-June Loss Widens to $274 on Restructuring, Weak Sales
Earlier this year, Sharp said it was cutting 10 percent of its 49,000 positions worldwide as part of a turnaround plan.
-
Sony to Spin Off More Divisions in Massive Restructuring Drive
After laptops, next on the list is the audio/video division, which includes Blu-ray Disc players and portable audio devices.
-
Sony to Cut Another 1,100 Jobs in Mobile Arm; Trims Net Loss Forecast
"Including the 1,000 job cuts that we announced earlier, we are planning a combined total restructuring of 2,100 jobs."
-
Sony Aims for Big Jump in Devices Revenue, More Restructuring at TV, Phone Units
The ambitious plan to hoist revenue was unveiled at a Sony investors' conference on Tuesday.
