Codemasters Announces Digital Restructure, Job Losses Expected
Won't affect boxed product.
Codemasters has announced a restructuring of its internal digital division today, which could leave as many as 80 employees at risk of losing their jobs.
News broke this morning on Twitter when it was understood that a number of employees were in consultation, with former Codemasters employee Bruce Everiss claiming that 80 people may be affected by the move. That number is, at this time, unconfirmed however.
In a statement to the press, Codemasters confirmed its restructuring, but said that it does not affect its core franchises such as boxed titles GRID, DiRT and F1. It seems that only the teams that are not generating a profit for the company are being targeted for restructure.
"As the Company realigns its operations to focus on areas of increased strategic importance and decrease resources in areas that are not delivering value for the business, the Company has proposed the restructure of certain aspects within its digital development and publishing units in line with future product strategy," reads the statement.
"As a result of the proposed restructure, the Company has therefore entered into a period of collective consultation with the affected employees. The restructure is not company-wide and is not anticipated to impact the development of its core console and PC titles such as Grid 2 or its annual Formula One title."
Sad news indeed. SPOnG wishes all the best to those affected.
News broke this morning on Twitter when it was understood that a number of employees were in consultation, with former Codemasters employee Bruce Everiss claiming that 80 people may be affected by the move. That number is, at this time, unconfirmed however.
In a statement to the press, Codemasters confirmed its restructuring, but said that it does not affect its core franchises such as boxed titles GRID, DiRT and F1. It seems that only the teams that are not generating a profit for the company are being targeted for restructure.
"As the Company realigns its operations to focus on areas of increased strategic importance and decrease resources in areas that are not delivering value for the business, the Company has proposed the restructure of certain aspects within its digital development and publishing units in line with future product strategy," reads the statement.
"As a result of the proposed restructure, the Company has therefore entered into a period of collective consultation with the affected employees. The restructure is not company-wide and is not anticipated to impact the development of its core console and PC titles such as Grid 2 or its annual Formula One title."
Sad news indeed. SPOnG wishes all the best to those affected.
Companies:
Codemasters