News: IGN to reduce in size; staff lay-offs reported across company

Online media site IGN is to lay off staff in every area of the company, according to a leaked internal memo from IGN president Roy Bahat.

The memo says the move is a cost reducing exercise. “While we’ve been doing well we’re still feeling the effects of the economy,” it reads.

It adds that job losses will be felt in every part part of the company, despite the company’s audience growth of 40 per cent last year.

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