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Disney closes LucasArts, staff laid off, Star Wars 1313 cancelled
- LucasArts is dead. News has surfaced that the game studio is being shut down some five months after it was acquired as part of a $4.05 billion deal between Disney and Lucasfilm. According to various reports, many of the outfit's…
OCZ is axing 28% of its global workforce and 150 product variations
- Hoping to get OCZ back on track, newly appointed chief executive Ralph Schmitt has revealed plans to reduce costs and streamline the company's lineup. OCZ has repeatedly missed earnings expectations, including a $6.3 million loss in its first quarter that…
Weekend tech reading: OnLive reboots with new owner after layoffs
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"OnLive ... will continue to operate," the statement read. "...there is no expected interruption of any OnLive services." It was a statement that read as an assurance: everything is fine, we're still here, it's business as usual. But it was clear that everything wasn't fine. Earlier yesterday...
Microsoft Flight, Project Columbia cancelled following layoffs
- Microsoft has cancelled two projects including its recently launched flight simulator, following layoffs at its Vancouver studio. Released in February, Microsoft Flight is a free-to-play adaptation of the company's popular Flight Simulator franchise, which was axed in 2009 with the…
AMD to reduce its workforce by 10% in the coming months
- Confirming industry speculation, AMD has announced that it will cut 10% of its workforce in an effort to save money -- or rather, "optimize cost structure to enhance competitiveness and accelerate growth." By trimming a little fat, the company expects…
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