Activision Blizzard To Slash Almost 800 Employees

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The move comes even as Activions Blizzard reported record net revenues in 2018 of $7.50 activision blizzard layoff jobs employment gaming games videogame softwareSanta Monica-based game developer Activision Blizzard says it is slashing 8 percent of its staff, or nearly 800 employees, as a part of a restructuring effort at the company. bllion, up from the $7.02 billion it had in revenues for 2017.

Qualstar Continues To Look At Strategic Options

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The company reported a net loss of $1.2 Qualstar had a major layoff in March of 2016, along with other cost cutting moves, which looked to have most stemmed its quarterly losses. qualstar merger acquisition layoff jobs storage power hardware electronicsSimi Valley-based Qualstar , the developer of data storage and high efficiency power supplies, says it continues to look at "strategic options" for the business, as it reported yet another quarter of declining revenues.

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Zynga Details Job Cuts

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The move comes as Zynga said it expects a net loss in the range of. $39 zynga cuts layoffs employment jobs angeles content videogame video mobile social San Francisco-based Zynga has detailed the cuts at the company, saying it has laid off approximately 520 employees, or 18 percent of its global workforce. Those cuts have resulted in the shutdown of Zynga''s Los Angeles office. Zynga is also cutting its Dallas and New York operations as part of the move.

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THQ Raises Q4 Outlook

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Agoura Hills-based THQ , the embattled videogame maker, is finally seeing some good news, reporting today that it is expecting to report non-GAAP net sales of $160 million to $170 million, above its previous outlook of $130 million to $150 million. The publicly held videogame maker said the results were boosted by strong net sales of its Saints Row: The Third title, plus slightly higher sales of its UFC Undisputed 3 title.

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THQ To Lay Off 600

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Agoura Hills-based THQ , a developer and publisher of video games, said Wednesday that it is making "additional cost reduction actions" which includes the layoff of approximately 600 people, or 24 percent of the company's workforce. Tags: employment jobs layoff video content game

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Broadcom To Lay Off 200

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The move came after the firm reported net revenues of $1.127 billion for the third quarter of 2008. Tags: jobs employment layoff broadcom Irvine-based Broadcom will lay off 200 workers, or about 3 percent of the firm's employees, the firm said yesterday on its earnings call.

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THQ Gains On UFC Title

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Agoura Hills-based THQ has swung back into the black, saying Tuesday evening that it had net income of $6.4M on sales of $243.5M for its fiscal first quarter, on the strength of the firm's new UFC 2009 Undisputed title. The positive results compared with a loss of $27.2M and sales of $137.6M

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Fisker Automotive Supplier A123 Heads Towards The Rocks

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It's unclear what the troubles at A123 mean for Fisker, which itself has seen troubles this year, including issues with gaining access to funding from the Department of Energy, and a subsequent layoff.

La Jolla Pharmaceuticals Looks To Dissolve Firm

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The company said it had cash, net of liabilities and obligations, of approximately $4.4M. That failure resulted in the layoff of nearly all of the firm's staff, and an unsuccessful effort to sell the firm. San Diego-based La Jolla Pharmaceutical Company , a publicly traded biopharmaceuticals firm, reported this morning that its stockholders are set to vote on a liquidation plan for the company.