GameStop to close over 200 stores

Just two months after GameStop announced ambitious plans to breathe new life into its stores, the company has announced that between 180 and 200 stores around the world will be closing their doors for good before the year is out -- and more closures...

Zynga to shutter New York and LA studios, cut 18% of workforce

Zynga to shutter New York and LA studios, cut 18% of workforce

Social game monolith Zynga plans to shutter its New York City, Dalles and Los Angeles game development studios. Sources at Zynga confirmed the closures to Engadget, and also confirmed reports of layoffs affecting 520 employees (around 18 percent of the company's total workforce), and now CEO Mark Pincus published his internal letter to employees on the company's website. Apparently the ousted employees will receive, "generous severance packages" for their time; we've published the full letter below the break.

It's unknown how this will impact games and services from those offices, but it is said to cut $80 million from staff costs. The move is part of a larger restructuring at Zynga with a focus on mobile, which Pincus says will make, "mobile gaming truly social by offering people new, fun ways to meet, play and connect." The studio suffered similar closures late last year, which included Boston, UK, and Japan locations.

Update: We've also added Zynga's official press release below.

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Source: Zynga

Sony Mobile moving HQ to Tokyo, cutting 1,000 jobs in Sweden

Sony Mobile moving HQ to Tokyo, cutting 1,000 jobs in Sweden

Sony's slow and painful transformation continues with a restructuring of its newly-minted mobile division. In October, it's moving its headquarters from Lund, Sweden (presumably a holdover from its Ericsson days) to Tokyo -- for deeper integration -- and repurposing the duties of its facilities in Tokyo, Lund and Beijing. As part of the changes, Sony Mobile will slash 15 percent of its workforce, with 1,000 employees being let go by the end of March 2014, in a trend we've seen across the industry. Most of those affected are in Sweden, with 650 on-site staffers and up to 450 consultants being shown the door.

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Sony Mobile moving HQ to Tokyo, cutting 1,000 jobs in Sweden originally appeared on Engadget on Thu, 23 Aug 2012 03:51:00 EDT. Please see our terms for use of feeds.

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