Jobs moving to America, not India, for a change. Gizmondo, whose handheld console will shortly be released in the US, will open a US office in California, but this could be bad news for UK workers.
It has now emerged that this will involve laying off most of Gizmondo’s UK-based team and shipping everything to the states in order to cut costs and increase profit margins in what it hopes will be a far more lucrative market. Pre-streamlining, the firm’s head office in Farnborough had 49 staff, with another 70 at its Manchester design studio.

Many of the British staff are apparently fresh out of university and in their first job.
[The Register]