Atari has just posted its Q4 (ending 31 March 2006) and full year financials for the 2006 fiscal year earlier today, reporting a shocking net loss to the tune of US$67million over the year.
This compared to net profits in 2005 of $5.7million. It seems that a combination of poor sales and that old chestnut, 'the transitional year' has hit the company hard where it hurts.
The new unit comprises over 500 developers representing the entire World of Warcraft development team.
I used to be anti-union, it kills productivity, investment and turns product mediocre. Their games suck anyways though so what was lost? Might as well get their people paid until they are dissolved.
Modders have cooked up something pretty special – a Wii console which is small enough to fit on your keys. A wee Wii.
Another studio has held layoffs, this time its Humble Games letting go of its entire QA team according to social media posts.
They will rehire cheaper labor during the restructuring. The stupid thing is that they are struggling and the first thing they do is lower the quality.
Atari has been around for so long. I don't know if a lost like that is big for them or not.