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_modificationDate | Datetime | 2023-11-06 4:19:09 PM |
_pageID | Integer | 4,433 |
_pageName | Page | Motorsport Games to Lay off Staff |
_pageTitle | String | News/Motorsport Games to Lay off Staff
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_pageNamespace | Integer | 0 |
"News" values
1 row is stored for this page
Field | Field type | Allowed values | Value |
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image | File | | |
image_alt | String | | |
tags | List of String, delimiter: , | | Motorsport Games |
targets | List of Page, delimiter: , | | |
date | Datetime | | 2023-11-06 3:05:07 PM |
author | Page | | Dante Uzel |
category | List of String, delimiter: , | Transfer Market · Drama · Business · Companies · Hires · Investments · Mergers and Acquisitions · Sponsorships · More | Business |
game | List of String, delimiter: , | Age of Empires · Apex Legends · Brawl Stars · Call of Duty · Counter Strike · Dota 2 · FIFA · Fortnite · Hearthstone · League of Legends · Mobile Legends · NBA 2K · Overwatch · PUBG · PUBG Mobile · Rainbow Six · Rocket League · Smash · Starcraft II · Valorant · Warcraft III · World of Warcraft · Wild Rift | |
content | Text | | [[Companies/Motorsport Games|Motorsport Games]], the developer behind Nascar Rivals, recently initiated a round of layoffs, resulting in the reduction of around 38 positions, primarily impacting staff in the United Kingdom and Australia. This decision was made by the Miami-based studio as part of its efforts to reduce year-over-year operating expenses, as disclosed in a Securities and Exchange Commission (SEC) filing on October 29.
The company's restructuring program is expected to incur costs in the range of $400,000 to $500,000, which will cover severance and redundancy payments to affected employees. The majority of these expenses are slated to be disbursed during the fourth quarter of its fiscal year 2023. |
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Field | Field type | Value |
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source | Page | Games Industry |
url | String | https://www.gamesindustry.biz/motorsport-games-to-lay-off-up-to-38-employees |
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