Fri, Feb 29, 2008 | 22:35 GMT
SCi to cut 25 percent of jobs, bins 14 games
Oh dear. According to this, SCi has announced radical restructuring plans which are to include sizeable lay-offs and a move to Canada to take advantage of all those lovely tax breaks.
“The company plans to operate at a maximum head count of 800, a reduction of 25 percent, while the board has decided to cancel 14 projects currently under way as they will not generate an acceptable return on investment or are not of sufficient quality,” said that GI report.
The company plans to switch from a centrally controlled development and publishing model to a studio-led business focusing on its core products – Tomb Raider, Hitman, Championship Manager and Deus Ex.
“Our quality has slipped below acceptable standards and, through disappointing game development and working within an ineffective operating structure, we are failing to realise the commercial return our creative ability and our shareholders demand,” said the company. “Our infrastructure is too big and expensive for the scale of the business.”
Full thing through the link.