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PopCap Games Laying Off Employees
Monday August 27,2012 : POPCAP GAMES STAFF LAY OFF
Addresses shift in consumer behaviour
Social games developer PopCap Games'employees were in for bad news as co-founder John Vechey confirmed the retrenchment of 50 staff members from its Seattle studios and warned of the further possibility of shuttering its Irish studio should profitability not improve.
Vechey's announcement, made in a blog post on PopCap’s official website, attributed the lay-off's to "a reorganisation in our studios due to a fast-changing industry" despite the company hiring aggressively over the past year and delivering continued fast-paced growth.
The Electronic Arts subsidiary, who developed the block buster games Bejewelled and Plants vs. Zombies, said a dramatic change in the way people play and pay for games has forced it to re-evaluate and reorganise the business with a view to investing in new types of games on new platforms.
Vechey emphasised in the post that PopCap founders and executives had made the decision independently of parent company Electronic Arts (EA) saying "EA has provided a lot of resources for us to grow and allowed us to operate as an independent studio. I’ve seen speculation that EA is no longer letting PopCap run independently, and that’s simply not true. If we didn’t have EA behind us, the cuts would have been worse."
PopCap plans on narrowing its focus on the mobile and social platforms along with expansion into new markets such as Japan and China.
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Gambling News :
Wanajump Launches -
#Wanajump Spanish online and land gambling operator Grupo R. Franco appears to be emulating the William Hill group, announcing this week that it is to begin a start-up accelerator program for innovative entrepreneurs, which it has titled Wanajump.
Coral Launches player proposition betting product -
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Oshi online casino now accepts fiat currencies -
The Oshi online casino, which started just a year ago as a Bitcoin-denominated operation, has described its expanded activity in a statement this week, noting that in addition to Bitcoin it now accepts fiat currencies and has added new game providers to its roster of suppliers.
New Standards for UK Online Gambling -
Online gambling service and technology providers, along with operators and testing agencies will be studying the new gambling software and technical standards proposal published by the UK Gambling Commission following a public consultation.
Pennsylvania Gambling Bill 1887 returned with additions -
The interaction between the Pennsylvanian House and the state Senate has become increasingly like watching a game of ping pong as the two political establishments wrestle with online gambling legalization and court-ordered tax fixes in the dying days of the current political season.
Mybet Earnings Struggle -
The statement this week reveals that Mybet continued to be hampered by negative trends from historic quarters, making its original performance estimate "unrealistic".
Tom Horn Awarded Malta Gaming License -
Online gambling software provider Tom Horn Gaming has been awarded a Malta Gaming Authority license that permits the company to host and manage Malta-based gaming operators.
Calvin Ayre invests in new Antigua Business Center -
Ayre joined with government officials this week in a ground-breaking ceremony for a five-story centre on Antigua which will be home for the venture. The "green" building will be solar powered and provide employee-friendly services like catering, a gym and child care.
Attack of the Zombies Slot -
Online gambling games developer Genesis Gaming has unveiled its latest game, with a theme based on a horror story of the undead, exploiting the current trend....and just in time for Halloween.
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