PS3 News: Activision Axes 150 Jobs - PS3 News

Members Login: Register | Why sign up? | Forgot Password?

Activision Axes 150 Jobs

"Happy Valentine's Day! You're fired." It may not have been that harsh, but Activision has cut 150 jobs, or 7% of its workforce at its Santa Monica headquarters. 7 per cent at its Santa Monica headquarters, axing around 150 jobs as the publisher continues to pursue a conservative strategy during the next-generation console transition.

An Activision spokesperson told Gamespot "The reduced head count is to better align resources against our near term needs in fiscal '07 and our anticipated growth in '08."

Activision's Q3 financial results, revealed higher net revenues, but thanks to soft market conditions, poor sales performance, and shortages of the Xbox 360, income was down.

I feel bad for anyone that lost a job, but this is the sort of thing that happens when you try to bilk consumers for $60 for a "next-gen" game that has nothing "next-gen" about it.

2/14/2006 Aaron Thomas

Put this on your webpage or blog:
Email this to a friend
Follow PSX Extreme on Twitter

Share on Twitter Share on Facebook Share on Google Share on MySpace Share on Delicious Share on Digg Share on Google Buzz Share via E-Mail Share via Tumblr Share via Posterous

New Comment System

Legacy Comment System (0 posts)

There are no comments to display.

Leave a Comment

Please login or register to leave a comment.

Latest Updates

Shadow of the Colossus Review
5d, 3h, 45m ago (2 comments)

Strikers Edge Review
9d, 4h, 25m ago (19 comments)

Okami HD Review
10d, 2h, 17m ago (6 comments)

Ultimate Chicken Horse Review
13d, 21h, 11m ago (16 comments)

Black Mirror Review
29d, 9h, 13m ago (23 comments)

Our Poll

How often do you visit the site?
Once a day
Several times a day
Every few days
Once a week
This is my first visit
I've never been here, even now I am not here

Previous Poll Results