Key Takeaways
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- Square Enix is restructuring its North American and European divisions, with potential layoffs affecting around 140 employees at the London office.
- The company aims to streamline overseas operations and save approximately $20 million annually by cutting costs in sales, quality assurance, planning, marketing, and support for external studios.
- Longer working hours are expected for remaining staff as part of these changes.
- Square Enix is also considering integrating AI to automate certain tasks currently performed by human employees, potentially further reducing expenses.
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Square Enix
Restructuring Affects 140 at Square Enix Europe, Targeting $20M in Savings
Square Enix is implementing a restructuring plan in its North American and European divisions that will include layoffs across multiple departments and longer hours for remaining staff. According to Takashi Kiryu, the company aims to streamline its overseas operations through these changes. Video Games Chronicle (VGC) reports that approximately 140 employees at Square Enix’s London office are at risk of losing their jobs. These cuts may affect sales, quality assurance, planning, and marketing roles, as well as support for external studios. These measures intend to reduce annual expenses by roughly $20 million. Square Enix is also considering integrating AI to automate certain tasks currently performed by human employees, a move that could further contribute to cost savings.
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