90 JOBS TO GO AT GAMES FIRM.Byline: SARAH Sarah or Sarai: see Sara. Sarah (flourished early 2nd millennium BC) In the Hebrew scriptures, the wife of Abraham and mother of Isaac. She was childless until age 90. PORTLOCK COMPUTER games firm Codemasters Codemasters (earlier known as Code Masters and often nicknamed Codies in magazines) is one of the oldest British video game developers. The CEO is Rod Cousens, formerly of Acclaim. is to shed 90 jobs - just months after announcing a massive recruitment drive. The firm, run by the Darling brothers, says the move has been forced on it by market conditions. It was only last October October: see month. that the company announced it was looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. 200 more people for its Southam base as it went from strength to strength. Recently the brothers, Richard Ri·chard , Joseph Henri Maurice Known as "Rocket." 1921-2000. Canadian hockey player. A right wing for the Montreal Canadiens (1942-1960), he led his team to eight Stanley Cup championships and was the first player to score 50 goals in a and David, rose to fifth place on the list of the Midlands' wealthiest people, thanks to their handling of their 15-year-old pounds 320 million empire. A statement today from their father, company chairman Jim Darling, said the move was a short-term Short-term Any investments with a maturity of one year or less. short-term 1. Of or relating to a gain or loss on the value of an asset that has been held less than a specified period of time. cost-cutting measure, as the industry was currently facing financial difficulties. "It is distressing to lose such talented and loyal personnel who have contributed to Codemasters outstanding run of success," he said. "However current market conditions dictate TO DICTATE. To pronounce word for word what is destined to be at the same time written by another. Merlin Rep. mot Suggestion, p. 5 00; Toull. Dr. Civ. Fr. liv. 3, t. 2, c. 5, n. 410. that we make these cuts. "By doing this now we ensure that Codemasters is well positioned to continue its proud tradition of creating and publishing some of the best games in the world thus giving the company an enormous opportunity as the market moves into its expansion phase." The news was broken to staff at a meeting yesterday, with team leaders consulting as to where the cuts should be made. The firm's London development studio is known to be one of the first parts of the company to be hit, with staff being offered the option of redundancy or a move to the Midlands. A spokesman emphasised that "no teams were being scrapped and no projects were being pulled" but admitted that forthcoming projects might now take longer to produce with smaller teams. The company is the latest in its sector to deliver bad news in recent weeks. Other British publishers, including Rage, Eidos and SCi, have also reported financial difficulties. |
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