Square Enix Europe Struck With Layoffs

Another company has been hit by layoffs, as Square Enix Europe is reducing its number of staff, MCV reports.

“We are reviewing our business in Europe to ensure we have the right structure, content and skills for the changing entertainment landscape,” said Square Enix in a statement to MCV. “We do expect changes to the UK office, which will affect personnel. We will update you when the time is right, but our priority right now is for the people within the business.”

Square Enix has been undergoing huge changes since the news came out that titles like Tomb Raider and Hitman: Absolution undersold and failed to meet the company’s expectations. This round of layoffs also comes closely after jobs were cut in Los Angeles earlier this month and the resignation of Yoichi Wada.

MCV notes that, despite the disappointing outcome, the UK side of Square Enix still accounted for two-thirds of the company’s sales, while the North American side was said to be ‘ineffective.’

{Source: MCVUK}

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