Square Enix Lays Off Employees at LA Office

The publisher’s “corporate restructuring” process has begun.

Posted By | On 03rd, Apr. 2013 Under News


Square Enix
Following the restructuring of the company and the failure of titles like Tomb Raider and Hitman: Absolution to hit targets – despite the former selling extremely well since release – Square Enix has laid off employees at its Los Angeles office.

Speaking to Joystiq, a company representative stated that, “We can confirm that Square Enix’s Los Angeles office has eliminated a number of positions as part of the corporate restructuring announced last week.

This is an unfortunate situation and we are offering assistance and severance packages to any employees affected by this, we want to thank them for their hard work and sincerely wish them well in the future.”

Since CEO and President Yoichi Wada’s resignation, the company has been in internal turmoil. The development of projects like Final Fantasy XIV: A Realm Reborn hasn’t been affected but it’s plainly obvious that there are enough shake-ups going on. We hope that the displaced employees find work soon.


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  • Vrrumdri

    I sincerely hope they can pull back after this. Of course, everyone will start blaming Final Fantasy XIII just because it was a different game from the norm, even though both thirteen games are not concerned with the report and were commercial successes (and also because they don’t really understand about how a company like Square Enix works). But fear not, I have heard some tweets and stuff that Versus XIII will be shown off at E3, most like as Versus XIII, and I think (with all the upcoming high-profile releases this year) Square Enix will be showing a profit in the coming fiscal year.


 

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