Square Enix Los Angeles hit with layoffs

squareenix-logo

Square Enix’s offices in Los Angeles have been hit by a new round of layoffs. According to the company, these layoffs are due to “corporate restructuring.”

Reilly Brennan, Senior Director of Public Relations, wrote in a statement to Polygon: “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.”

A Joystiq post broke down the affected positions: “Half of marketing has been cut, which is estimated at 10 people. Public relations, which we understand is approximately seven people, will stick around until late June (post E3), after that only three or four will remain. One source notes “close to around 20″ were let go in accounting, IT and events, with another five to 10 people who left community and support last week.”

These layoffs come after Square Enix announced an “extraordinary loss” for its fiscal year ending March 31. Our thoughts at Warp Zoned go out to all those affected by the layoffs.

This entry was posted in News. Bookmark the permalink.

 It's Dangerous To Go Alone! Read This.

 A Commenter Is You!


Advertisement


Advertisement