Bit Reactor Begins Reinstating Staff After Star Wars Zero Company Success
Bit Reactor is bringing back furloughed employees following the commercial success of Star Wars Zero Company, though not all staff have returned.
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Layoffs
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Ninja Theory Layoffs Begin as Xbox Closure Process Advances
Ninja Theory, the Cambridge-based studio behind the 'Hellblade' series, has begun laying off staff following the collapse of two sale agreements with Xbox. Employees have publicly confirmed redundancies on LinkedIn, expressing grief over the unfinished third 'Hellblade' game, 'Senua.' While Xbox has initiated a consultation process for potential closure, it claims to still be exploring other options. The studio was originally slated to survive a major Xbox restructuring in July, but failed divestiture attempts have led to this current phase of job cuts.
Nike's 'Pace' Restructuring Delays Layoff Notices, Deepening Financial Uncertainty
Nike CEO Elliott Hill announced that job cuts under the new 'Pace' operating model will begin in 2027, but the company has not yet identified specific roles or locations. This delayed notification strategy, similar to recent moves by Meta and GitLab, aims to provide employees with time to seek new employment while potentially reducing severance costs. The announcement coincided with weak fiscal first-quarter results, including a 4% revenue drop and a 2% profit decline, as Nike faces a 46% year-to-date stock decline and a projected high-single-digit revenue decrease for the current fiscal year.
Ninja Theory Begins Layoffs After Failed Sale Attempts
Ninja Theory has initiated employee redundancies following the collapse of two sale agreements, marking the start of a potential studio closure. Xbox confirmed it is entering a consultation phase while exploring other options, though Microsoft has retained the 'Senua' intellectual property.
Supermassive Games Finalizes Mass Layoffs, Cutting Over 70 Staff
Supermassive Games has finalized a redundancy process resulting in the departure of more than 70 employees, including senior leadership and developers. The cuts, which began with a consultation in August, reduce the studio's workforce from over 400 to a significantly smaller number, marking a major contraction for the developer of 'Back 4 Blood' and 'State of Decay'.
Supermassive Cuts 70 Jobs Months After Directive 8020 Launch
Supermassive Games has laid off over 70 employees, a move announced less than six months after the release of its sci-fi horror title Directive 8020. The cuts, which include senior leadership and developers, follow a consultation process that began in August. The studio, known for interactive horror games like Until Dawn, is downsizing from a workforce of over 400 to ensure financial sustainability, despite recent efforts to patch in online multiplayer for its latest release.
Ninja Theory Staff Begin Departures as Xbox Closure Process Advances
Ninja Theory has begun laying off employees following the collapse of two sale agreements, marking the start of a closure process announced by Xbox in September. Staff members have publicly expressed grief over the unfinished third 'Hellblade' game, while Microsoft retains control of the 'Senua' intellectual property.
Ninja Theory Staff Face Redundancy as Xbox Restructuring Accelerates
Ninja Theory developers are facing redundancy as the studio moves toward closure following failed sale attempts during Xbox's broader restructuring. Staff have expressed sadness and uncertainty on LinkedIn, while Microsoft retains control of the 'Senua' intellectual property.
Supermassive Games Confirms Mass Layoffs, Cutting Over 70 Staff After August Consultation
Supermassive Games has finalized a redundancy process that resulted in the dismissal of more than 70 employees, including senior leadership and developers. The cuts, which began with a consultation in August, reduce the studio's workforce from over 400 to a significantly smaller number, marking a major contraction for the developer of 'Back 4 Blood' and 'State of Decay'.
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Packaging Corp. of America to shutter Middletown plant, ending 91 jobs by December
Packaging Corporation of America (PCA) will close its corrugated packaging facility in Middletown, Ohio, by December 1, resulting in the layoff of 91 employees. The company cited a strategic move to consolidate operations into larger, more efficient sites, including a new $275 million plant recently opened near Columbus. While the closure affects unionized workers, PCA has pledged to assist affected employees with job transitions and dislocated worker services. This local shutdown occurs against a backdrop of broader manufacturing job losses in Ohio, though the state’s overall unemployment rate remains at a historic low of 3.3%.
Disney's latest 300-job cut signals deeper restructuring under D'Amaro
Walt Disney Co. has eliminated approximately 300 positions, primarily within human resources and technology, as part of a broader cost-reduction strategy. CEO Josh D'Amaro is simultaneously offering early retirement packages to executives to streamline operations under his 'One Disney' initiative.
Disney Accelerates TV Restructuring with 300 Job Cuts to Prioritize Streaming
The Walt Disney Company is cutting approximately 300 jobs, primarily in human resources and technology, as part of a broader restructuring to shift focus from linear television to streaming. This latest round of reductions follows earlier layoffs in April and July under CEO Josh D'Amaro, who is consolidating divisions under his 'One Disney' strategy to reduce costs and improve operational efficiency.
Disney to consolidate TV divisions in major restructuring under new CEO
Disney is planning a significant restructuring of its television operations, which is expected to result in hundreds of additional layoffs. This move follows recent cuts of approximately 300 jobs in human resources and technology, and is part of CEO Josh D'Amaro's broader strategy to consolidate divisions and prioritize streaming over traditional linear TV.
Disney Consolidates TV Units and Cuts 300 Jobs to Pivot Toward Streaming
Disney is restructuring its television division and cutting approximately 300 jobs to prioritize streaming over linear TV. CEO Josh D'Amaro's 'One Disney' strategy aims to consolidate divisions and reduce costs, following earlier layoffs in April and July. The moves come as Disney's stock significantly underperforms the S&P 500 over the past decade.
Nike’s ‘Pace’ Restructuring Triggers Sector-Wide Sell-Off
Nike shares dropped 10% after the company reported a 4% revenue decline and announced a new operating model called 'Pace,' which includes layoffs starting in 2027. The move triggered a sell-off in rival sportswear stocks, including Lululemon, On, Under Armour, and Deckers Outdoor. Nike expects high-single-digit revenue declines in 2027 and aims for $2.5 billion in cost savings by 2031.