IGN, GamesIndustry.biz, and Humble losing talent to soft layoffs
It has only been a few months since IGN owner Ziff Davis purchased key Gamer Network publications including GamesIndustry.biz, RockPaperShotgun, VG247, and more.
Shortly after, a number of employees across those outlets were laid off Come from South African Online Casinos . Now, Ziff Davis has caused another staff exodus by pushing for soft layoffs.
That's according to Aftermath, which reports the company offered voluntary buyouts to workers who might be ready to "move on" or "explore new opportunities." That news was corroborated in an email shared on X in October by Semafor me…
Paradox set to eye ‘interesting acquisitions’ following strong 4th quarter
Paradox Interactive closed out the fourth and final quarter of its fiscal year with reports of steady year-on-year increases in both revenue and operating profit, in part due to the release of additional game expansions and DLC.
Thanks to this, and overall growth during the 2016 fiscal year, Paradox CEO Fredrik Wester notes that the company is in a comfortable position to take on larger investments and look at “interesting acquisitions” down the line.
Revenue for the fourth quarter came in at SEK 198.4 million (~$22 million), up 56 percent from the SEK 126.8 million (~$14.2 million) reported during the same period last year. Likewise, operating profit saw a 96 percent year-on-year increase settling in at SEK 85.9 million (~$9.6 million) f…