The lights are on
[Update] Square Enix has provided us with the following statement regarding the layoffs.
“We are reviewing our [Square-Enix] business in Europe to ensure we have the right structure, content and skills for the changing entertainment landscape. 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.”
The month of April has been filled with news of job loss and studio closures from across the industry. Square Enix has placed themselves back in the spotlight today, confirming to MCV that there will be cuts to the UK operation.
Square Enix laid off a number of employees in the United States earlier this month, citing missed sales targets for Tomb Raider, Hitman: Absolution, and Sleeping Dogs. By many accounts, the expectations for those three titles were unrealistic, setting up the studios involved and the related marketing and PR teams for failure.
The poor financial performance saw the exit of Square Enix CEO Yoichi Wada. Incoming president Yosuke Matsuda has promised a full review of the corporation's activities.
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I guess we might as well start saying, "Just another day in the industry." My heart goes out to those who lost their job, and pray they find another one.
Always sucks to see that happen.
Every week another gaming company is hit with layoffs. I feel so bad for the people in the gaming industry right now, cause I imagine they're having to always watch their back to make sure they don't get fired.
Yep, this is happening. I'm regrettably one of those affected by this round of restructuring, and it sucks. Good to see people online are generally always supportive of us who lose their jobs, so thanks to the communities for that.
Poor Square Enix, I liked these three games quite a bit too.
That's sad, but why am I not surprised? It seems like people are getting laid off all over the place.
All 3 of those games are fantastic IMO. These companies need to find a new parent company, they are *** everything up for chances at sequels for all of those.
Sucky news, gonna be a tough year it looks like.