Thu, Oct 03, 2013 | 11:27 BST
Gree announces 200 lay-offs as Osaka office closes
Japanese social gaming giant Gree has shuttered its Osaka office, resulting in the loss of 200 jobs.
It has offered the affected employees voluntary redundancy in a bid to reduce operating costs and to trim its 1,762-strong workforce by 11%. Applications for said redundancy will take place between October 9-28.
GI.biz adds that while Gree remains in profit, its yearly financial reports suggest a steady decline in revenue. The Osaka closure follows the shuttering of sites in Beijing and London, as well as lay-offs at its San Francisco office.
We’ll have more on this as it transpires.