Square Enix Europe Struck With Layoffs

<p>Another company has been hit by layoffs&comma; as Square Enix Europe is reducing its number of staff&comma; <a href&equals;"http&colon;&sol;&sol;www&period;mcvuk&period;com&sol;news&sol;read&sol;redundancies-hit-square-enix-europe">MCV<&sol;a> reports&period;<&sol;p>&NewLine;<p>&&num;8220&semi;We are reviewing our business in Europe to ensure we have the right structure&comma; content and skills for the changing entertainment landscape&comma;&&num;8221&semi; said Square Enix in a statement to MCV&period; &&num;8220&semi;We do expect changes to the UK office&comma; which will affect personnel&period; We will update you when the time is right&comma; but our priority right now is for the people within the business&period;”<&sol;p>&NewLine;<p>Square Enix has been undergoing huge changes since the news came out that titles like <a href&equals;"https&colon;&sol;&sol;bagogames&period;com&sol;square-enix-expected-tomb-raider-sell-56-million-4-weeks&sol;">Tomb Raider and Hitman&colon; Absolution undersold and failed to meet the company&&num;8217&semi;s expectations<&sol;a>&period; This round of layoffs also comes closely after jobs <a href&equals;"https&colon;&sol;&sol;bagogames&period;com&sol;square-enix-cuts-jobs-los-angeles&sol;">were cut in Los Angeles<&sol;a> earlier this month and the <a title&equals;"Yoichi Wada&comma; President of Square Enix&comma; Resigns" href&equals;"https&colon;&sol;&sol;bagogames&period;com&sol;yoichi-wada-president-square-enix-resigns&sol;">resignation of Yoichi Wada<&sol;a>&period;<&sol;p>&NewLine;<p>MCV notes that&comma; despite the disappointing outcome&comma; the UK side of Square Enix still accounted for two-thirds of the company&&num;8217&semi;s sales&comma; while the North American side was said to be &&num;8216&semi;ineffective&period;&&num;8217&semi;<&sol;p>&NewLine;<p>&lbrace;Source&colon; <a href&equals;"http&colon;&sol;&sol;www&period;mcvuk&period;com&sol;news&sol;read&sol;redundancies-hit-square-enix-europe">MCVUK<&sol;a>&rcub;<&sol;p>&NewLine;