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Sources say Square Enix is ​​restructuring its overseas operations and will lay off employees in its European and U.S. offices

WBOY
Release: 2024-05-31 21:53:18
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DoNews reported on May 14th that Square Enix issued a press release yesterday, officially announcing adjustments to its publishing strategy and planning to launch large-scale AAA games on multiple platforms. It also announced layoffs at its North American and European branches, affecting publishing, IT and employees in the indie games division, but the number of layoffs has not yet been determined.

In accordance with local British laws, Square Enix UK employees will have a one-month consultation period, while affected US employees may need to leave their jobs before the end of June. Many of Square Enix's main Slack channels were locked following an internal meeting on Monday.

Square Enix’s recently released financial report has shown signs that the company plans to rebuild its overseas business units from scratch and begin to optimize costs in its European and American offices through structural reforms.

The news comes on the same day that Square Enix announced a major shift in its game publishing strategy. Previously, the publisher's games like Final Fantasy 7 Remake and Final Fantasy 16 were released on Sony's PlayStation 5 console before being released on other platforms.

The publisher plans to build a platform that will allow more users to enjoy its major IP and AAA games, allowing players to play all of the company's games.

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source:donews.com
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