Electronic Arts has announced that 350 people from their marketing, publishing and operations teams are expected to get the axe in the coming days as the company looks to restructure itself to meet new challenges in publishing video games.

Last month, despite making record revenue, Activision-Blizzard laid off 8 per cent of its global workforce, leaving nearly eight hundred people out of work. The large-scale restructuring is an attempt to appease shareholders by cutting expenses. In its Form 10-K report, however, the company has admitted that the layoffs might not pad executive and shareholder wallets as much as anticipated – and that shockingly, firing a bunch of people may have a negative impact on staff morale.

It’s a rumour no longer, as Activision Blizzard has officially begun laying off workers. In an earnings call held yesterday, Activision Blizzard announced that 8% of its workforce would be facing termination, a number that works out to around nearly 800 jobs being lost from an initial employment capacity of 9600 from across Activision, Blizzard and King.

It’s going to be a tough week for some people in the video game industry. While it’s not official yet, it looks like Activision Blizzard will be shedding some weight on Tuesday as financial site Bloomberg has reported that the publisher will be handing out pink slips to hundreds of employees.

The 25 employees that remained at Telltale following mass layoffs have apparently also been fired, as the studio's days seem more numbered than ever.

God of War and Twisted Metal designer David Jaffe’s last game was not the hit anyone had hoped. Though it had a unique and interest art style, Drawn to Death was a flop both critically and with consumers. Now, the studio's been hit with massive layoffs.

Agents of Mayhem developers Volition have reportedly suffered some layoffs in the wake of poor sales and disappointing reception to their latest IP.

Intel is letting go of over 10% of its global workforce, as the company shifts away from PC CPU production.