Tag Archives: closures

Administrators Moorfields Corporate Recovery has confirmed that another 62 Blockbuster stores are to close. This means another 427 workers will lose their jobs, although Moorfields has finally admitted – as revealed by MCV last month – that it expects the company to close in the near future. Add this to …

Young studio shuts doors after five years, but promises to fill Kickstarter backer rewards

The names of the 72 Blockbuster stores set for closure have been revealed by administrators Moorfields Corporate Recovery. As a result of the closures 452 of the chain’s 2,000 strong workforce are to lose their jobs, leaving 192 UK stores still operating – for the time being at least. The …

Administrators Moorfields Corporate Recovery has confirmed that 72 of Blockbuster’s 264 stores are to close. As a result 452 of the chain’s 2,000 strong workforce are to lose their jobs. "This has not been an easy decision to make and we acknowledge that, with Christmas on the horizon, this will …

The Bureau: XCOM Declassified developer 2K Marin has suffered a round of layoffs, publisher 2K Games has revealed. Game Informer reports on a statement from the publisher that confirmed a reduction of staff at the studio. "We can confirm staff reductions at 2K Marin," a 2K Games rep stated. While …

Electronic Arts has closed its German-based studio EA Phenmoic as part of the publisher’s company-wide realignment. Games Industry cites several sources that confirmed the shutting down of the development house, putting all 60 of its employees out of work. The studio had worked on free-to-play and strategy titles including Spellforce …

Over 520 staff members at Zynga are set to be laid off, as the firm will reportedly shut down multiple studios in a restructuring effort. The cuts were confirmed by a post on the social game company’s official blog. The affected employees represent around 18 per cent of its global …

Publisher continues wave of cutbacks as part of reorganisation

EA is reportedly set to close EA Partners, the firm’s program for providing contract-based publishing services for third-party developers. Game Informer cites multiple anonymous sources close to the matter” that state the label will soon shut down. Partners previously brought about partnerships with the likes of Harmonix (Rock Band), Valve …

Following the loss of HMV and Blockbuster stores, the role of a distributor has become (in principle) easier for now, with fewer stores to deliver to. But this offers no comfort when there are fewer orders coming in. So have the suppliers been hurt the most by the High Street’s …