Keywords’ Lively Studio faces small number of layoffs

Keyword subsidiary Lively is facing a small number of redundancies as it streamlines its business. Gaming Industry.biz I received notice that Brighton-based developer Electric Square was making layoffs, but the company has informed us that these are limited to sister studio Lively. A spokesperson told us the redundancies are the result of a recent strategic … Read more

Intel announces layoffs of around 15,000 staff

Intel has announced it will reduce its global workforce by about 15,000 employees. As detailed in its second quarter 2024 financial results released yesterday, Intel revealed a $10 billion cost-cutting plan that will include a more than 15% reduction in headcount “to rightsize and refocus” the company. Most of the layoffs will be completed by … Read more