Eurocom restructuring, lots of employees let go
Posted on November 23, 2012 by Brian(@NE_Brian) in General Nintendo, News
Eurocom, the developer of Dead Space: Extraction and the most-recent 007 games, has significantly reduced the size of its team. Over 200 staffers had been employed by the company, but only 50 will remain.
The company said in a statement:
“Eurocom are undertaking a restructuring which I regret to say has meant we’ve made the majority of our workforce redundant today. This includes many very experienced, talented and highly skilled employees, and we’d like to thank them all for your hard work and efforts. We’ve fought to try and save as many jobs as possible, but the steep decline in demand for console games, culminating in a number of console projects falling through in the last week, left us with no option. Eurocom has retained a core staff of just under 50 employees and will be focusing mainly on mobile opportunities moving forward.”
ThisIsDerbyshire.co.uk writes that Eurocom is suffering from cash-flow problems. The site says the studio is working hard to preserve the final 42 jobs.
