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Paidcontent (Free subscription) | yesterday
A day after Glu Mobile said it would shed staff and cut CEO Greg Ballard's salary to prepare itself for what it called the "increasing economic headwinds" facing the sector, its larger rivals Electronic Arts and Gameloft, told Reuters that the market is doing fine, thank you very much. A Gameloft ( EPA: GFT ) spokeswoman said "it's all going well," while EA's mobile business head Barry...
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Red Orbit (Free subscription) | yesterday
It was announced on Wednesday that Electronic Arts and Gameloft, the world's two biggest mobile gaming firms, that the market is doing alright, only a day after their next principal rival, Glu Mobile, made some sever cuts to their company.Glu Mobile chief executive Greg Ballard announced on Tuesday that he is reducing both staff and his own salary as an answer to "increasing economic...
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Moco News (Free subscription) | yesterday
A day after Glu Mobile ( NSDQ: GLUU ) said it would shed staff and cut CEO Greg Ballard's salary to prepare itself for what it called the "increasing economic headwinds" facing the sector, its larger rivals Electronic Arts ( NSDQ: ERTS ) and Gameloft ( EPA: GFT ), told Reuters that the market is doing fine, thank you very much. A Gameloft spokeswoman said "it's all going well," while...
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The East Bay Business Times (Free subscription) | 03/12/2008
Amid continuing losses, San Mateo-based mobile gaming publisher Glu Mobile Inc. said it will cut an undisclosed number of employees and reduce CEO Greg Ballard’s pay by 25 percent at Ballard’s request. The struggling company, which markets games like Super K.O. Boxing, Stranded and Brain Genius, said in a statement released Tuesday that it will reduce expenses by $13 million, or...
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Indy Star (Free subscription) | 11 hours ago
... should have bought Malibus to support workers in Indianapolis, but he chose not to do it.''Mayor Greg Ballard's administration bought 85 hybrid Camry sedans for $25,770 each to use as unmarked nonpursuit police cars for detectives and administrators, The Star reported Thursday, noting Penske Chevrolet protested when the city refused lower-priced Chevrolet Malibu hybrids.Deputy Mayor...
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Moco News (Free subscription) | 03/12/2008
San Mateo, Calif.-based Glu Mobile ( NSDQ: GLUU ) said it's laying off an undisclosed number of employees with the hope of cutting expenses by about $13 million, or 19 percent compared to Q2 2008, according to a SEC filing. In addition, Glu's CEO Greg Ballard is asking the board to reduce his salary by 25 percent, a move that sounds eerily like what is happening in the auto industry....
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Moco News (Free subscription) | 02/12/2008
San Mateo, Calif.-based Glu Mobile ( NSDQ: GLUU ) said it's laying off an undisclosed number of employees with the hope of cutting expenses by about $13 million, or 19 percent, compared to Q2 2008, according to a SEC filing. In addition, Glu's CEO Greg Ballard is asking the board to reduce his salary by 25 percent, a move that sounds eerily like what is happening in the auto industry....
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Wireless Federation (Free subscription) | yesterday
... increasing economic headwinds facing our industry and the softening in consumer spending,” said Greg Ballard, chief executive officer. “By realigning our operations and resources worldwide, we are able to improve our financial performance in the near term while continuing to invest in key growth opportunities in the mobile games industry, especially surrounding high-end handsets and...
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Mobile Games & Gaming Blog (Free subscription) | 03/12/2008
Remember the community interview we talked about before? According to our contact at Glu, Greg is still busy to fill in all the answers. Yet via Moconews, we found out that he is already answering...
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Digital Media Wire (Free subscription) | 02/12/2008
San Mateo, Calif. - Mobile games publisher Glu Mobile said on Tuesday that it will cut an unspecified number of jobs, in a move to trim its annual operating expenses by $13 million.The company currently has around 600 employees."These decisions are difficult but necessary given the increasing economic headwinds facing our industry and the softening in consumer spending," said Greg Ballard,...
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bizjournals (Free subscription) | 02/12/2008
“These decisions are difficult but necessary given the increasing economic headwinds facing our industry and the softening in consumer spending,” said CEO Greg Ballard. “By realigning our operations and resources worldwide, we are able to improve our financial performance in the near term while continuing to invest in key growth opportunities in the mobile games industry, especially surrounding...
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Indy Star (Free subscription) | 01/12/2008
... the new connection fee.Public Works will hold hearings on the next phase starting Thursday.Mayor Greg Ballard is expected to present a proposal in early 2009, after the public-hearing period. Council President Bob Cockrum said the panel likely will back the plan."I suspect it will get bipartisan support," he said. "This is being driven by the federal government, and if we don't keep...
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IndyStar.com (Free subscription) | 01/12/2008
... the new connection fee.Public Works will hold hearings on the next phase starting Thursday.Mayor Greg Ballard is expected to present a proposal in early 2009, after the public-hearing period. Council President Bob Cockrum said the panel likely will back the plan."I suspect it will get bipartisan support," he said. "This is being driven by the federal government, and if we don't keep...