Square Enix To Cut 300 Jobs In Japan

[eXo]

The Japanese branch of Square Enix is planning to cut somewhere between 200-300 jobs if internet reports ring true. There’s no concrete word on why the purported layoffs are taking place but considering the industry as a whole hasn’t been doing so hot in Japan as of late means a bout of corporate reshuffling may [...]

More...

 

[KezraPlanes]

This was unexpected...

With the development of KH: BbS, Agito XIII and Versus XIII and other undisclosed projects you'd think Squeenix wouldn't need to fire anyone in quite a while...

I'm guessing it was just a staff clearing routine.

 

[Abe Froeman]

This was unexpected...

With the development of KH: BbS, Agito XIII and Versus XIII and other undisclosed projects you'd think Squeenix wouldn't need to fire anyone in quite a while...

I'm guessing it was just a staff clearing routine.

Letting go of 300 people is not a "staff clearing routine." It's a monetary gain routine, by not having to pay the salaries and benefits to 300 employees. The quickest and most efficient way to stop the bleeding is by reducing overhead costs like salaries.

 

[KezraPlanes]

Letting go of 300 people is not a "staff clearing routine." It's a monetary gain routine, by not having to pay the salaries and benefits to 300 employees. The quickest and most efficient way to stop the bleeding is by reducing overhead costs like salaries.

That's what I meant xD I just suck at expressing myself in English sometimes.

It's obvious they are hurting because of bad business manouvers they have made over the past few years. Thankfully for them FF XIII will sell like hotcakes wheter it is a good game or not.

 

[eldiablov]

The economic downturn had no hand in this whasoever?

 

[KezraPlanes]

The economic downturn had no hand in this whasoever?

Obviously it had. But you must also consider the flops Squeenix had in games that didn't really make up for all they cost them to develop.