According to the report, around 300 employees are being affected by lay-offs, with around 200 of them being from China.
Employees at Unknown Worlds were afraid that the revenue targets required to get the $25 million bonus wouldn't be possible to hit.
According to reports, Sony Santa Monica's post-God of War title will not be a sci-fi game like Naughty Dog's Intergalactic.
The Work Graphs feature allows for more efficient use of CPU resources by allowing the GPU to tackle complex tasks in simpler ways.
This update on the development of The Elder Scrolls 6 comes a few weeks after reports of a new trailer being circulated at Microsoft.
The unannounced follow-up in the fighting game series was reportedly cancelled at some point in the past few weeks for reasons unknown.
Reports indicate that the cancellation of ZeniMax's sci-fi MMO freed up resources for Bethesda to pursue a new mainline Fallout game.
The Direct could take place during the final week of July ahead of Nintendo announcing its earnings for the latest fiscal quarter.
The rumoured remake may not be as ambitious as Square Enix's Final Fantasy 7 Remake trilogy and could launch in early 2027.
The Days Gone developer made headlines earlier this year after Sony cancelled its open-world live-service multiplayer title.
The project is reportedly Sony Santa Monica's "next big thing," though whether it's connected to the rumored side-scroller is unknown.
Rumours also indicate that one of the projects - believed to be a multiplayer game - has recently received several internal updates.
Playground Games' open-world racer debuted on Sony's console last April and has seemingly become another multiplatform success.
The idea that the franchise is coming to an end came courtesy of a post by a contributor for EA-funded car culture website Speedhunters.
The leaked pricing is believed to have been a mistake by Asus, and indicates that a launch date announcement might be coming soon.
One of the projects is said to be the "one you're all wanting", which could very well be the long-rumoured Fallout 3 remaster.
This comes as a follow-up to a previous report that "lost" revenue from first-party titles on the service isn't considered.
These requirements will reportedly continue hurting the company's Gaming division, which recently faced extensive layoffs.
There's reportedly always been "outside interest" in revisiting the Banjo-Kazooie franchise but Rare was more interested in new IPs.
The studio's fantasy action RPG has also reportedly been cancelled, having faced issues with leadership and Unreal Engine.
