Tag

Layoffs

All articles tagged with #layoffs

VW’s Bold Overhaul: Half the Lineup and Up to 100,000 Jobs at Risk
business43 minutes ago

VW’s Bold Overhaul: Half the Lineup and Up to 100,000 Jobs at Risk

Volkswagen weighs a drastic restructuring that could cut up to half its model lineup, reduce annual production to about 9 million vehicles and lay as many as 100,000 workers amid rising costs, competition, and tariffs, with possible German plant closures and strong union opposition. The report also covers talk of ending steering-wheel mandates for driverless cars in the U.S., BMW’s luxury-sales strength in H1 2026, Tata’s plan to invest heavily in Jaguar Land Rover to reach roughly $45–$50 billion in revenue by 2031, and rising gas prices tied to geopolitical tensions.

Bethesda unions mobilize protests against Xbox layoffs with ‘Save Our Devs’ rally
technology3 hours ago

Bethesda unions mobilize protests against Xbox layoffs with ‘Save Our Devs’ rally

Bethesda Game Studios’ union members are organizing a ‘Save Our Devs’ protest across ZeniMax offices in Rockville, Austin, Dallas, and Montreal on July 15 in response to Microsoft/Xbox’s announced 3,200 layoffs (1,600 immediate). Union leaders say about 440 positions across Bethesda Game Studios, ZeniMax Online, id Software, ZeniMax Workers United, and ZeniMax corporate are affected and insist they must bargain over the reductions, seeking preferential transfers, stronger severance, extended healthcare, and recall rights. The move comes amid morale declines and concerns for projects like The Elder Scrolls VI, with Xbox CEO Asha Sharma also co-leading a U.S. Fed productivity task force on employment.

VW Shrinks Model Range and Factory Footprint in Major Efficiency Overhaul
business14 hours ago

VW Shrinks Model Range and Factory Footprint in Major Efficiency Overhaul

Volkswagen unveiled a sweeping efficiency overhaul to halve its model lineup and reduce production capacity to 9 million vehicles per year (down from 12 million pre‑COVID), with about 2 million already cut. The plan also aims to simplify offerings by up to 75% and merge software, platforms and electronic architectures across regions to boost efficiency, pursuing a goal to become the most attractive automaker by 2030. While the release doesn’t explicitly confirm layoffs, reports of up to 100,000 job cuts and closing factories have sparked protests by IG Metall, signaling what could be VW’s biggest restructuring in its 89-year history.

Bethesda unions mobilize after 440 layoffs spark protests and recall demands
business18 hours ago

Bethesda unions mobilize after 440 layoffs spark protests and recall demands

OneBGS members across Bethesda Game Studios, Id Software and ZeniMax Online Studios plan protests next week in Montreal, Rockville, Austin and Texas after 440 staff were laid off amid Microsoft/BGS restructuring. The union says it has rights to effects bargaining and is demanding preferential transfers to open Xbox/Microsoft roles, stronger severance and extended healthcare, and recall rights for laid-off workers; Microsoft/BGS say the cuts aim to align talent with core franchises, and the union notes this is the third ZeniMax studio to unionize while the fight continues at the bargaining table.

Carmack questions Microsoft era as id Software faces brutal layoffs
gaming19 hours ago

Carmack questions Microsoft era as id Software faces brutal layoffs

John Carmack comments on Microsoft's extensive layoffs at Xbox Game Studios that hit id Software, admitting his earlier hope that Microsoft would be a good steward of the brand isn’t aging well. He expresses sadness, not anger, questions whether id was a marginal business and whether pricing, marketing, and broader revenue strategies could have changed outcomes, and ends with a hope that the studio can rally through the restructuring.

Ubisoft Barcelona Starts 51-Employee Layoffs as Restructuring Refocuses on Rainbow Six
business1 day ago

Ubisoft Barcelona Starts 51-Employee Layoffs as Restructuring Refocuses on Rainbow Six

Ubisoft has begun laying off 51 employees at its Barcelona studio as part of a broader restructuring aimed at saving about €200 million, following the launch of Assassin’s Creed Black Flag Resynced. The move prompted a staff strike led by the CGT union, which demanded five-year job protections. The Barcelona site will now focus exclusively on Rainbow Six, while other studios have faced closures or pivots; Ubisoft says seven games will receive extra development time to boost quality and long-term value, under a Creative House structure that includes Tencent-backed Vantage Studios.

Ubisoft Barcelona Lays Off 51 After Black Flag Resynced Work Wraps Up
technology1 day ago

Ubisoft Barcelona Lays Off 51 After Black Flag Resynced Work Wraps Up

Ubisoft Barcelona reportedly cut 51 staff after completing work on Assassin's Creed Black Flag Resynced, despite strong launch interest. Insiders claim project assignments were decided well ahead of completion, the Barcelona team was disbanded soon after, and a canceled launch event reflected broader concerns about workplace culture and workers’ rights.

GameSpot Faces Fifth Round of Cuts Under Fandom
news1 day ago

GameSpot Faces Fifth Round of Cuts Under Fandom

Fandom laid off GameSpot's entire commerce team (4 staffers and 5 freelancers) and the site's VP of games and entertainment, Chris Grant, marking the fifth round of layoffs since Fandom acquired GameSpot in 2022. One employee was on paid medical leave following a gunshot injury, and the shakeup continues a broader pattern of staffing cuts across Fandom's properties, including past moves at Giant Bomb.

Black Flag Resynced Launch Shadowed by Ubisoft Barcelona Layoffs
news1 day ago

Black Flag Resynced Launch Shadowed by Ubisoft Barcelona Layoffs

Ubisoft's Assassin’s Creed Black Flag Resynced launches to strong reception, but Ubisoft Barcelona is hit by layoffs as part of broader restructuring, with about 51 employees set to lose their jobs by the end of July; unions have called for protections and remote-work concessions, and the Barcelona launch event was scaled down, though the remake is expected to be a solid seller in a weak year for Ubisoft.

Microsoft trims 1,600 Xbox jobs as H-1B approvals fuel immigration debate
business1 day ago

Microsoft trims 1,600 Xbox jobs as H-1B approvals fuel immigration debate

Microsoft disclosed 4,800 total job cuts for the year, including 1,600 in its Xbox division, even as USCIS data show the company has been approved to hire thousands of H-1B visa workers this year. Critics argue the visa program undermines American workers, prompting calls to end or curb H-1B, while a federal judge blocked Trump’s $100,000 H-1B fee and investigations into visa fraud continue. Xbox CEO Asha Sharma cited strategic business reset and slimmer margins as a rationale for the layoffs, highlighting the broader tension between corporate hiring practices and immigration policy.

MindsEye staff protest company-funded fan event amid wave of layoffs
gaming1 day ago

MindsEye staff protest company-funded fan event amid wave of layoffs

Edinburgh-based MindsEye workers at Build a Rocket Boy plan to picket outside the studio for a weekend fan event funded by the company, arguing the decision comes after multiple rounds of layoffs and amid union concerns over governance and privacy. The IWGB and additional unions are set to join the protest, which follows a history of layoffs and controversy around workplace practices; the studio later issued a statement saying the playtest is for players and MindsEye’s future, signaling ongoing dialogue with the community.