Topic: company layoffs
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VSCO Cuts 24 Jobs Amid Consumer Business Decline
VSCO has laid off 24 employees as part of a strategic restructuring, shifting its focus toward developing advanced tools for professional photographers due to a decline in its consumer business. The company's CEO noted VSCO has been EBITDA-positive for three of the past four years and claims its ...
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Monarch Tractor Warns of Layoffs and Potential Shutdown
Monarch Tractor has warned of potential permanent layoffs for over 100 employees and possible company shutdown, as revealed in an internal memo due to financial instability. The company, which raised $220 million in venture capital, is shifting from manufacturing autonomous tractors to focusing o...
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Metal: Hellsinger Developer The Outsiders Shuts Down
The Outsiders, developer of Metal: Hellsinger, is being shut down by parent company Funcom, ending its ten-year operation as announced by founder David Goldfarb. This closure is part of broader company-wide layoffs at Funcom, following the successful launch of Dune: Awakening, and affects all sta...
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Red Dead Redemption 2: Where's the Switch Port?
Red Dead Redemption 2 has become the fourth best-selling video game ever with over 79 million copies sold, yet it remains unavailable on current-generation consoles like the Nintendo Switch despite its ongoing commercial success. Square Enix has laid off 140 employees from its international publi...
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Riot Games' License Lapse Briefly Makes League of Legends Unplayable
A global outage made *League of Legends* unplayable due to an expired security certificate that reached its predetermined end date in January 2026. Players temporarily bypassed the issue by setting their system clocks back, while the incident highlighted how common such certificate-related IT fai...
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Netflix Enters the Big Leagues
Netflix's $83 billion acquisition of Warner Bros. transforms it into a Hollywood studio powerhouse, granting control of major franchises like Harry Potter and HBO to secure long-term subscriber-retaining content. The sale concludes a period of financial strain for Warner Bros. Discovery, driven b...
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Xbox Co-Founder Slams Game Pass Price Hike as "Betrayal"
Xbox has shifted strategy by releasing former exclusives on PlayStation 5 and increasing prices for Game Pass and hardware, drawing criticism from original Xbox team co-founder Laura Fryer, who called the price hikes a "betrayal" of community trust. Fryer criticized the pattern of negative change...
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Monarch Tractor Faces Lawsuit Over Autonomous Operation Failures
Burks Tractor alleges Monarch Tractor misrepresented its electric tractors' autonomous capabilities, claiming they cannot operate driverless as promised after purchasing ten units based on these assurances. The dealership discovered the tractors were defective upon delivery, with Monarch later ad...
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GTA 6 Delayed: Internet Reacts With Predictable Outrage
Grand Theft Auto 6's launch has been delayed from May to November 19, 2026, causing a temporary stock dip for parent company Take-Two Interactive due to the game's immense financial importance. The delay sparked widespread reactions, including humorous marketing from brands like Domino's and KFC,...
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Forza Horizon 6: Japan Setting Confirmed for 2026, Xbox & PC First
Forza Horizon 6 is officially confirmed for release in 2026, set in Japan and launching first on PC and Xbox, with a PlayStation 5 version to follow later. The game will feature Tokyo City as the most complex drivable area in the series, blending urban and rural Japanese landscapes with dynamic s...
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