Send News. Want a reply? Read this. More in the FAQ.   News Forum - All Forums - Mobile - PDA - RSS Headlines  RSS Headlines   Twitter  Twitter
Customize
User Settings
Styles:
LAN Parties
Upcoming one-time events:

Regularly scheduled events

Disney Interactive Cuts 700

NYTimes.com has details on massive cuts at Disney Interactive, saying about 700 employees today were cut today, which represents about a quarter of the workforce at Disney's game and Internet division. Word is this is part of a refocus that will involve the release of fewer games and a concentration on outside development. "We’re not exiting any businesses, and we will pursue licensing partnerships in which we retain a lot of creative input," says James A. Pitaro, president of Disney Interactive. "But this is a doubling down on mobile and an effort to focus much more intently on a core set of priorities." The article also notes the move seems an admission that Disney's purchase of Playdom in 2010 was a waste of more than a half-billion dollars. Thanks Neutronbeam.

Email Digg Facebook Twitter   Share More    


 

  
   Current Headlines
Dota Major Championships Announced
Diablo III Blood Shard Bans
Saturday Crowdfunding Roundup
Saturday Interviews
Saturday Tech Bits
Game Reviews
Hardware Reviews
etc.
Out of the Blue
Killing Floor 2 EULA vs Griefers
Steamship Ahoy - Dungeons 2
Infested Planet: Trickster's Arsenal DLC Released
Steamship Ahoy - Car Mechanic Simulator 2015
Evening Patches
On Sale
Evening Crowdfunding Roundup
Gatherings & Competitions
Evening Previews
Evening Consolidation
Evening Mobilization
  

 



footer

Blue's News logo