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The company is thinning out its middle-management ranks in an attempt to cut costs, according to unnamed sources in a GigaOm report.
The developer of BioShock 2 and The Bureau: XCOM Declassified has laid off the majority of its staff, with the remaining staff to be folded into a new 2K studio.
The ailing smartphone maker is eyeing additional layoffs beyond the 5,000 announced during its previous fiscal year, says The Wall Street Journal.
Zynga's layoff effectively means the closure of OMGPOP, leaving Zynga's remaining U.S. offices to pick up the slack for the popular Draw Something franchise.
While going through an organizational restructure, the gaming company says it had to make "difficult decisions to reduce the workforce in some locations."
The smartphone division and patent trove plans to lay off 1,200 employees, about 10 percent of its work force.
The No. 4 wireless carrier in the U.S. is expected to begin cutting more than 100 jobs in marketing and other departments at its headquarters tomorrow, The Seattle Times reports.
Up to 25 employees have been sacked from Valve in what has been described as a "great cleansing".
Online subscription music service hires a former Amazon executive to try to increase its global reach and subscriber rolls, following layoffs last month.
At the Dreamforce conference in San Francisco, Yahoo's CEO talks about design, mobile, and the company's mission to entertain.