Thursday, 18 March 2010

IGN Slimming Down (Not In A Good Way)

The online games network IGN, is making cuts in its staff revealed in a recent announcement in a memo from IGN president Roy Bahat:
"Today's a hard day at IGN. We've had to reduce the size of our organisation and are eliminating roles today in every part of the company. We are making every effort to be compassionate and fair to the people whose roles we've eliminated."

"We're doing this to reduce costs. While we've been doing well - we're profitable and our audience continues to grow - we're still feeling the effects of the economy, and we need to make sure we can invest where there is opportunity. Over the past couple of years, we have been focusing IGN on areas where we can not only grow, but be best in the world: serving gamers online, and serving advertisers looking to reach men. To do that successfully, we have to be as efficient as possible in our core businesses. The difficult actions we're taking today get us to where we need to be."

"We are losing colleagues who played an important role getting us to where we are - #1 in games and men's lifestyle, and growing 40 per cent over last year in the total size of our audience. We are deeply grateful to our colleagues for everything they've done. We as a company are absolutely headed in the right direction, and while today will be hard, it won't stop us."
Seems like rather harsh circumstances over at the offices of IGN right now. It can never be a good situation when companies are making cuts whilst things are going good and although business can be a fine balancing act we can only hope that those who will lose their jobs as a result will have a soft landing and find work elsewhere.

All the best to those who will be effected.

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