GREE International is laying off a third of its employees

GREE International is forced to reduce its staff by 30%. This is written by the Venturebeat resource with reference to information from the director of the production company Andrew Sheppard (Andrew Sheppard).

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The reason for the layoffs, according to Sheppard, is the desire to optimize the company according to its “development goals and business strategy.” The CEO of Gree International notes that the cuts will affect several teams in San Francisco. Studios in other cities will not be affected by the changes.

Sheppard does not name the exact number of dismissed, only the percentage. As of April 28, the number of employees of the company was 1,786 people. It is not known how many of them work in San Francisco.

The Venturebeat publication, referring to its own information, reports that “two-thirds” of employees from offices in San Francisco have been fired.

Recall that in May, GREE International was forced to close its office in Vancouver and stop developing all mobile games of this studio

GREE International is a subsidiary of the Japanese company GREE, which is one of the largest publishers in the Japanese market. Earlier this year, it became known that the company’s net losses for the second fiscal quarter of 2015 amounted to ¥ 7.66 billion ($64.8 million).

A source: http://venturebeat.com

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