Square Enix to cut jobs across U.S., Europe business, VGC says

Square Enix (SQNXF) announced that it would be cutting jobs across “nearly all areas” of its Western operations during an all-hands meeting on Thursday, VideoGamesChronicle’s Andy Robinson reports. In a video call to staff outside of the company’s home country of Japan, president Takashi Kiryu said the “Final Fantasy” and “Dragon Quest” maker was implementing “overseas structural reform” to establish a more “lean” and “agile” business across Europe and the U.S., the author notes. Kiryu added that the company plans to implement a “fundamental restructuring of the overseas publishing organization,” with details of the revamp to be shared dat a late time, the author says, noting that staff were told that roles would be cut and that remaining workers would be required to spend more time working in the office.