Square Enix has confirmed upcoming layoffs and closures as it prepares to restructure its US and other Western businesses once again.
While rumors about layoffs in its Western offices had been circulating, the company recently provided official confirmation through a financial presentation. This presentation, posted on Square Enix’s investor relations website, detailed the decision to reduce its overseas presence and reallocate resources back to its core business in Japan.
Western operations for Square Enix have been declining for quite some time. In 2022, the company sold off several of its Western studios, including Crystal Dynamics, Eidos, and Square Enix Montreal. Additionally, Square Enix has previously shifted its strategy, moving away from platform-exclusive titles to multiplatform releases after the slower-than-expected early sales of *Final Fantasy 7: Rebirth*.
These changes reflect the company’s efforts to streamline its operations and focus on its strengths at home as it navigates the challenges in the Western market.
https://www.shacknews.com/article/146732/square-enix-western-layoffs-closures