Square Enix has told game magazine publisher MCV that they're making redundancies to their offices in the United Kingdom and Europe. Occasion is the disappointing sales in North America and Europe that caused Yoichi Wada to step down. Games like Tomb Raider, Hitman and Sleeping Dogs has missed their targets, which were set very high by Square Enix.
We are reviewing our 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.
How much loss the company has suffered will be announced half May with the annual financial results.