Saints Row, Red Faction, and the new Agents of Mayhem developer, Volition, has had some cutbacks according to sources. The layoffs occurred supposedly due to lackluster Agents of Mayhem sales.
After cutting over 40% of its staff, SoundCloud issued a statement that sounded optimistic about its long-term future. In reality, it appears that the firm only has enough funding to make it into Q4.
SoundCloud, a music streaming service based on user-submitted content, is laying off 40% of its employees and consolidating the rest in its London and New York offices in order to reduce costs.
In its annual organizational shake-up, Microsoft will restructure its sales and marketing teams in the coming weeks, company executives have confirmed in a memo that failed to mention rumored layoffs.
Microsoft is poised to lay off thousands of sales staff this week, amid efforts to reorganize its global sales force and focus on selling cloud services instead of standalone software.
Microsoft laid off another round of employees today, and among them was fan-favorite Windows demo guy, Bryan Roper. He announced the bad news today from his Twitter account.
The Redmond giant, which employs almost 120,000 people is about to let go of 700 employees. The company's latest round of layoffs seems to be part of the job cuts it announced back in July.
It was a year ago that Twitter announced that it would be laying off some of its staff. This year, the trend could continue, as it is being reported that another round of layoffs is imminent.
Just a month after new Chief Operating Officer Lior Tal joined Cyanogen, the company has slashed 20% of its workforce amidst claims of a strategic pivot towards apps in the future.
In its latest round of layoffs, Microsoft has reportedly decided to discharge its entire editorial team at Microsoft Press, citing "adaptations to business needs" as a reason for the decision.
Seagate has ended its most recent financial quarter on a high note with the company beating its own revenue and profit expectations. But it also announced it will lay off 6,500 workers.
A recent report has stated that Foxconn has laid off over 60,000 factory workers. This is reportedly to prepare the company for automation, and then introduce robots to do repetitive tasks.
In Intel's earnings report today, the firm announced that it intends to lay off 12,000 employees, or 11% of its total workforce. It will also be taking a $1.2 billion restructuring charge.
It looks like Jolla may be in a bit of trouble as it has announced plans to enter a debt restructuring program in Finland. If this wasn't enough, Jolla has also announced "temporary layoffs".
After cutting 18,000 jobs last year, with a further 7,800 layoffs this year related to restructuring of its phone division, Microsoft is now dropping another 1,000 staff from its global workforce.
Just a few days after Jack Dorsey got seated as Twitter's new and permanent CEO, a wave of employee dismissals are reportedly planned. This is reputedly Dorsey's plan to refocus the company.
Microsoft has confirmed yet another round of layoffs affecting the phone hardware division that was acquired from Nokia last year, which will result in the closure of an unit and 2300 job cuts.
According to the latest reports, the giant chip company is struggling in the market and may lay off a significant number of people soon. Not only that, but the company might be splitting in two.
According to sources inside the company, Microsoft is expected to announce a major new round of layoffs as early as today. This is likely to affect employees in the hardware divisions.
In what is said to be the final round of layoffs for Microsoft's largest jobs cut in company history, hundreds of employees were released by the company all around the world.
Microsoft could start another round of layoffs, impacting two manufacturing plants in China. The closure would result in 9,000 layoffs and manufacturing moved to Vietnam.
According to a new report from Japan, Sony is planning to cut approximately 1000 jobs from its smartphone division in Europe and China. This comes after consecutive quarters of losses.
IBM will go through the biggest shake-up in corporate history, with the company set to lay off a record number of employees. More than 100,000 people around the world will be affected.
Following recent layoffs, chip maker Advanced Micro Devices has now announced the departure of three key executives as part of an ongoing plan for reorganization within the company.
Microsoft is said to have closed its Xbox One R&D base in China - but its 80 staff have reportedly refused the severance package, since they're entitled to far greater compensation under Chinese law.
Microsoft has cut another round of employees today that is said to total 3,000 employees but these are not new cuts and are part of the initial 18,000 figure announced over the summer.
Microsoft announced layoffs today and part of the cuts involved the company's research center in Silicon Valley, where the doors will be shut permanently on Friday.
Microsoft is expected to announce its second round of layoffs this week, according to insiders, but these layoffs are part of the original 18,000 layoffs that were announced this past summer.
Employees at Microsoft's Nokia division in China held a protest today, chanting slogans against the company's "hostile takeover and violent layoffs", which will result in 18,000 job cuts worldwide.
An employee who used to work at Microsoft has taken to YouTube to explain how the layoffs occurred, including the internal announcement and some basics around the severance package that was offered.
Microsoft's recent round of nearly 18,000 layoffs has done more than kill several major projects like Xbox Studios: It has severely impacted their relationship with major advertising partners.
Microsoft's decision to cut 18,000 jobs from its workforce, including many former Nokia employees, has prompted Finland's government to call on the company to help those displaced by the layoffs.
The rumors were true as Microsoft announced today that thousands of Microsoft employees will be let go from the company as they work to streamline operations and conform to Nadella's new mission.
Ahead of an anticipated announcement from Microsoft about layoffs, the company's stock has hit the highest price in the past decade and is likely a factor of many different reasons.
Microsoft may announce significant reductions in its workforce as early as this week, potentially topping 2009's 5,800 layoffs; its Nokia acquisition is believed to be a primary reason for the cuts.
HP has announced it will cut an additional 11,000 to 16,000 positions from its workforce, bringing the total number of layoffs it has made since May 2012 to as much as 50,000 employees.
An unknown number of team members from Microsoft Studios were laid off on Wednesday as part of a "restructuring" move at the company, according to public messages from two of the now ex-employees.
Intel has announced that its current workforce of 107,000 employees will be reduced by about five percent by the end of 2014 as the company tries to deal with lower PC shipments.
HTC America laid off 30 of its employees and contractors late on Friday, or about 20 percent of its total workforce, as the struggling smartphone maker tries to turn itself around.
HP now says it plans to lay off 29,000 of its employees by early 2014, about 2,000 more team members than it originally said it planned to let go a few months ago.