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Roblox, the $19 billion gaming giant, has joined the growing list of tech companies to ditch remote working—and employees who don’t want to work at the company’s physical office in ...
Embracer Group made multiple layoffs, game cancellations, and studio closures between August 2023 and March 2024 after its $2 billion deal with Saudi Public Investment Fund fell apart. The company reportedly reduced its headcount by 7,761, closed or divested 44 internal and external studios, and decreased the number of game projects by 80.
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Gamefam was founded in 2019 in Los Angeles, California, United States, by Joe Ferencz, the current CEO.Ferencz was originally involved with bringing Hot Wheels into the Forza series and Rocket League, and while doing so, he was observing Roblox's success as a free-to-play video game platform. [6]
Take-Two Interactive Software Inc (NASDAQ:TTWO), the maker of the Grand Theft Auto franchise, plans to close two subsidiaries, Roll7 and Intercept Games, as part of mass layoffs. Roll7, based in ...
According to IDC, mobile game revenue shot up 32.8% to $99.9 billion in 2020, while digital PC and Mac game spending jumped 7.4% to 35.6 billion. Home console game spending, meanwhile, soared 33.9 ...
UTC Aerospace Systems (UTAS) was one of the world’s largest suppliers of aerospace and defense products, headquartered in Charlotte, North Carolina, United States.The company was formed in August 2012 when parent United Technologies Corporation merged their existing subsidiary Hamilton Sundstrand with the newly-acquired Goodrich Corporation.
(Reuters) -Videogame software provider Unity Software will target laying off approximately 25% of its workforce, or 1,800 jobs, the company said in a regulatory filing and internal company memo on ...