Microsoft releases Muse AI to generate game elements — «Fuck this shit», developers say
«The Invisible Hand» Microsoft has introduced the Muse generative AI model for game development. Developers are not too happy about it, but many are afraid to oppose it.
AMD lays off 1000 employees — graphics card division earned only $12 million in the quarter
Rumors of layoffs at AMD emerged after an ambiguous financial report for the third quarter. After its release, the company’s shares fell by 13.6%. AMD increased its revenue and profit by 17% and 34%, respectively, and its average revenue forecast of $7.5 billion is slightly below analysts’ expectations.
Golden parachute: Intel gives up to €500,000 in severance pay for voluntary departures
In Ireland, Intel has offered employees from the Leixlip team a severance package of up to €500 thousand for voluntary resignation. Recently, Intel announced that it would lay off 15% of its employees to cut costs.
There are no exes: a fired Tesla employee bought its shares with all his money
You need to be a big fan or a cold pragmatist to invest in a company that fired you. That’s exactly what a former Tesla employee did when he invested his entire severance package in the company’s stock.
Amazon executives booked Foo Fighters concert amid layoffs and cost-cutting to «keep spirits up»
According to Amazon’s internal Slack messages, referenced by Business Insider, employees criticize the company for holding a private Foo Fighters concert for senior executives after difficult years of layoffs and cost cuts. Since the end of 2022, Amazon has laid off more than 27 thousand employees and allegedly cut its budget to boost team…
Apple lays off 600 engineers after canceling car project — largest layoff since the pandemic
A few weeks ago, Apple canceled its long-standing project to create a self-driving electric car, and has now announced the layoff of 614 employees — according to documents provided to the California Employment Development Department (although Mark Gurman notes the actual figure may be much higher).
EA will lay off 670 employees (5% of the staff), close Ridgeline Games studio. Respawn’s Mandalorian game is canceled.
Electronic Arts is planning to lay off about 5% of its staff, i.e. about 670 employees. This is done in order to restructure the company and change its operating model. This became known from a memo distributed by EA CEO Andrew Wilson.
Spelling error report
The following text will be sent to our editors: