The fallout from the release of the redesigned, bug-ridden Sonos app stretched from early May through the sweltering days of summer, as the company announced today (August 15) that it was laying off 100 employees. News of the layoffs was first reported by The Verge, and confirmed by Tom's Guide. In a statement to Tom's … Read more
Update, July 25, 2024: Former Humble staff have questioned the company's statement regarding the restructuring, claiming it underestimates the impact on the team. An anonymous staff member affected by the layoffs said: Gaming Industry.biz The statement is “patently incorrect” and emphasizes that the entire Humble Games staff was laid off this week. Operations are said … Read more
As part of Hasbro's second-quarter financial results, CEO Chris Cocks expressed the company's commitment to focusing on “digital play,” mentioning a $125 million capital package for video games and one to two new releases per year starting in late 2025 or early 2026. In the Q&A portion of Hasbro's earnings call (transcribed by Seeking Alpha), … Read more