Recent #layoffs news in the semiconductor industry

3 months ago

➀ NetEase laid off the development team behind the successful game Marvel Rivals, despite its impressive achievements, including 10 million players in 72 hours and $130 million in revenue in its first month.

➁ The layoffs are part of a re-evaluation of NetEase's core business, with no statement on future content plans.

➂ The game has seen high playercounts on all platforms and has been among the top-earning games on various storefronts.

Marvel RivalsNetEaseShootergaminglayoffsrevenue
3 months ago

➀ Ubisoft's revenue dropped by 31.4% year-on-year for the nine months ending December 31, 2024.

➁ Despite the financial struggles, the company is optimistic about the release of Assassin's Creed: Shadows, with strong pre-sales.

➂ Ubisoft plans to exceed cost reduction targets by the end of fiscal year 25 through restructuring and layoffs.

Assassin's Creed: ShadowsFinancialsUbisoftgaminglayoffs
6 months ago
➀ Intel faces significant challenges, including stock price drops, layoffs, and CPU controversies. ➁ The company plans to spin off its Foundry division but will need to maintain control due to the $7.86 billion CHIPS Act deal with the U.S. government. ➃ Intel's CHIPS Act deal includes a 'change of control' restriction requiring Intel to retain 50.1% control or ownership of its Foundry business.
CHIPS ActCPUFoundryIntelSEMICONDUCTORStock PriceU.S. Governmentlayoffstechnology