IGN hit by layoffs as father or mother firm Ziff Davis cuts prices

IGN hit by layoffs as father or mother firm Ziff Davis cuts prices Leave a comment


“The corporate has instructed us that the rationale for this layoff stems from a Ziff Davis-mandate to chop prices regardless of a number of quarters in a row of year-over-year income will increase, to which IGN Leisure responded by coming for our members’ jobs,” the guild says. “That is perplexing to us, as we’re instructed many times that IGN Leisure has had a tremendously profitable 12 months to this point due to their exhausting work.”

An worker within the engineering division was additionally laid off, Hunter Paniagua, a consultant of the Pacific Media Staff Guild, which represents the IGN Creators Guild, tells The Verge.

Ziff Davis didn’t instantly reply to a request for remark. Final 12 months, throughout all of Ziff Davis, the corporate employed roughly 3,800 folks, in line with an SEC submitting.

Final 12 months, IGN acquired the web site portfolio of Gamer Community, which incorporates publications like Eurogamer, Gamesindustry.biz, and Rock Paper Shotgun. Phrases of that deal weren’t disclosed on the time.

“The corporate has not responded to the union’s questions on whether or not its funds for future acquisitions is being reconsidered as a cost-saving measure alongside these different apparently vital personnel cuts,” the IGN Creators Guild says.

Leave a Reply