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[STEAM][PRESS]Report: Square Enix's American and European departments to be hit by layoffs

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up to the cutting board, as the company has announced layoffs in both its ********* and ********* departments. Square Enix itself has yet to offer an official announcement.

This,
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, comes soon after Square announced poor financial results compared to last year,
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. This move was made to better fit with a new longer-term company strategy - dubbed "Square Enix Reboots and Awakens" - but has resulted in a 70% profit deficit in contrast to this time last year.

What these games are ******** a mystery, but it appears that the publication of this information came as a retreating tide, followed shortly by this wave of Square Enix layoffs. The news was broken to staff via a company'wide town hall meeting, in which president Takashi Kiryu stated that over the next month those from publishing, IT, and Square Enix’s Collective indie games division would be most affected. The exact number of layoffs has not been confirmed.

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