I’ll readily confess that I am leaping to conclusions here, but I wonder if Jagex‘s days as the poster-child of browser-based MMOs are numbered. I have no special insight into the situation, but here is my analysis....

Mobile Entertainment reports that THQ is restructuring its mobile division to focus on high-end games for iPhone, N-Gage, PSP and DS. 75% of jobs are affected, equating to approximately 100 people. Added to the Job Loss Tracker.

Disney has announced 50 layoffs in its US development team, according to Develop. Vancouver studio Propaganda is to lay off 30 staff Two Utah-based studios, Avalanche and Fall Line, are to consolidate with the loss of 20...

Develop reports that Kuju is cutting back staff as part of a ‘more cautious approach to the start of 2009’. 10 jobs are identified as at-risk at Brighton Studio Zoe Mode with other jobs lost at Kuju...

MCV reports that Zavvi has closed 15 more stores with the loss of 295 jobs. 889 jobs have now been lost since the firm went into administration.

MMO publisher Nexon has shut its Vancouver Studio with immediate effect. The studio, also known as Humanature and headed by Relic co-founder Alex Garden, employed 90 staff, all of whom have been made redundant. Korean publisher Nexon...

AOL bought Bebo for $850 million in 2008. Now less than a year later, TechCrunch reports a rumour that AOL has put Bebo up for sale. TechCrunch gives huge credit for the massive acquisition price to Bebo’s...