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Sony Slashes Jobs In San Diego

socalTECH

Sony''s massively multiplayer online game division, Sony Online Entertainment , is cutting jobs in San Diego, as part of a cost reduction move, Sony disclosed Wednesday. Size of the layoffs have not been announced. The layoffs, which were first reported by GameSpot, also affected Sony Online Entertainment''s Austin operations.

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60Frames Shuts Down

socalTECH

Los Angeles-based 60Frames , an online entertainment studio developing professionally produced, online content, has reportedly shut down , according to The Hollywood Reporter. Tags: 60frames online entertainment content hollywood studio layoff shutdown. 60Frames had raised $3.5M 60Frames had raised $3.5M READ MORE>>.

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Entropic Cuts Workers, Closes Locations

socalTECH

San Diego-based Entropic Communications , a manufacturer of semiconductors for the home entertainment market, said in a filing with the SEC Tuesday that the firm is cutting approximately 55 of its employees, or 18 percent of its workforce. Tags: employment jobs layoff diego entropic sandiego semiconductor. READ MORE>>.

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THQ Chops Studios In Realignment

socalTECH

The firm said it has closed two studios in Australia, and a development team in the firm's Phoenix location, as part of a shift away from licensed kids titles and movie entertainment properties. The firm said it is now looking to focus on social games, mobile, and tablet-based digital entertainment. READ MORE>>.

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Xconomy’s Top Innovation Stories of the Half Year

Xconomy

Bernadette Tansey dives into the world of virtual reality from a consumer and entertainment perspective. Layoffs Reflect New Turbulence at High-Flying 3D Robotics. The Xconversation: Vaccine Developer Meets Energy Innovator. Amid Leadership Changes, NY Biotech Braces for Its Pivotal Moment.