News

Atari has to fire people

Posted on Wednesday, 2 May 2007 by FroFro, source: GamesIndustry
It's not going all too well with publisher Atari. At the moment there are 320 men and women working there, but between now and 31st July 2007, 20% of that is getting fired.

David Pierce, president and CEO of Atari, thinks this is the best decision for the firm and its shareholders.

"We expect today's reorganisation will continue to reduce Atari's general and administrative cost," commented David Pierce, president and CEO.

"These actions, though difficult, are a significant first step in reorganising Atari and demonstrate our commitment to restoring shareholder value."

The restructuring costs are about 800,000 to 1,100,000 USD.
In other news:

6 Comment(s)

NINJAFISH

NINJAFISH

it costs that much to fire people?
it costs that much to fire people?
Quote
Posted on 05:41, May 03rd 2007
Anonymous

Anonymous

All those severance packages add up .-)
All those severance packages add up .-)
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Posted on 22:10, May 03rd 2007
derf26 (old)

derf26 (old)

it costs that much to fire people?


Ever heard of trade unions?

Been getting out of hand lately. I just found out that the legal limit of work per week in France is 35 hours. Which means if I have to work more, I CAN'T!

Good thing i'm not in France. Bloody socialists collaborating with trade unions making retarded laws.
[quote]it costs that much to fire people?[/quote] Ever heard of trade unions? Been getting out of hand lately. I just found out that the legal limit of work per week in France is 35 hours. Which means if I have to work more, I CAN'T! Good thing i'm not in France. Bloody socialists collaborating with trade unions making retarded laws.
Quote
Posted on 23:00, May 03rd 2007
NINJAFISH

NINJAFISH

WOW ONLY 35 HOURS? Thats gotta be a joke. How does anyone in IT get anything done over there? Its illegal to get paid over time in France? That sucks, I willingly worked about 50 hours a week at my last job and put in 70 hours in my last week. Overtime = pretty paycheck
WOW ONLY 35 HOURS? Thats gotta be a joke. How does anyone in IT get anything done over there? Its illegal to get paid over time in France? That sucks, I willingly worked about 50 hours a week at my last job and put in 70 hours in my last week. Overtime = pretty paycheck
Quote
Posted on 23:14, May 03rd 2007
derf26 (old)

derf26 (old)

WOW ONLY 35 HOURS? Thats gotta be a joke. How does anyone in IT get anything done over there? Its illegal to get paid over time in France? That sucks, I willingly worked about 50 hours a week at my last job and put in 70 hours in my last week. Overtime = pretty paycheck


Exactly.

If you watched the televised debate of Sarkozy vs Segolene last night, you'll see that one of the main points of sarkozy was to allow French workers to work to at least 38-40 hours per week but sanction a minimum of 20% increase per hour for the remaining hours over 35. While Segolene clearly said that it was a preposterous idea :)

I think the French have the shortest work week in the world, incredibly high unemployment benefits, and also one of the highest unemployment rates of all the Developed countries, Last I checked it was over 12%, or was that Belgium? No I think Belgium was a bit less.
[quote]WOW ONLY 35 HOURS? Thats gotta be a joke. How does anyone in IT get anything done over there? Its illegal to get paid over time in France? That sucks, I willingly worked about 50 hours a week at my last job and put in 70 hours in my last week. Overtime = pretty paycheck[/quote] Exactly. If you watched the televised debate of Sarkozy vs Segolene last night, you'll see that one of the main points of sarkozy was to allow French workers to work to at least 38-40 hours per week but sanction a minimum of 20% increase per hour for the remaining hours over 35. While Segolene clearly said that it was a preposterous idea :) I think the French have the shortest work week in the world, incredibly high unemployment benefits, and also one of the highest unemployment rates of all the Developed countries, Last I checked it was over 12%, or was that Belgium? No I think Belgium was a bit less.
Quote
Posted on 23:18, May 03rd 2007
NINJAFISH

NINJAFISH

Wow if the US had 12% unemployment it would be total anarchy here.
Wow if the US had 12% unemployment it would be total anarchy here.
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Posted on 04:52, May 04th 2007
 

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