130 employees axed from jobs.
Nintendo of Europe has revealed that it is closing its HQ in Großostheim, Germany with 130 jobs having been lost. The closure will help the European arm of the company better “adapt to the rapidly changing business environment.” Going forward, the Frankfurt office will now be in charge of the market in Europe.
Speaking to Eurogamer, the company stated that, “Nintendo of Europe has entered into a consultation process on a number of changes it is intending to make to its European business which, in the long term, will better enable the European business to adapt to the rapidly changing business environment.
“The measures include the consolidation of the current European headquarters in Großostheim to Frankfurt, the closure of the warehouse and office in Großostheim, as well as outsourcing and reorganizing some functions.
“These intended measures have not been made lightly and have only been arrived at after thorough analysis and careful consideration. The intended measures will sadly have a direct effect on some of the employees based in the Großostheim and Frankfurt offices in Germany and would lead to the release of approximately 130 permanent employees.”
Hopefully the displaced employees will be able to find work again soon.