Jobs cuts hit Square Enix LA

Jobs cuts hit Square Enix LA
Craig Chapple

By Craig Chapple

April 3rd 2013 at 11:15AM

Second round of layoffs in four months at US studio

A number of layoffs have hit staff at Square Enix Los Angeles.

The job cuts come just four months after a previous round of layoffs at the studio in December.

"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," said Square Enix in a statement to Polygon.

"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 source “familiar” with the job cuts suggested that the layoffs affected staff at the office from “top-to-bottom”.

The news of further job losses comes after Square Enix president Yoichi Wada announced he was stepping down form the publisher.

In the wake of Wada’s departure, the company also warned of what it described as “extraordinary losses” in its current financial year.