Eutechnyx confirms 12 jobs cut
"We continue to employ 130 people and recruit for these new areas that we are working in."
British developer Eutechnyx today confirmed that it cut 12 members of staff last week in response to changes in the market place.
"Back in 2010 we secured a £6m investment which has enabled us to take control of our own destiny," CEO Darren Jobling told Eurogamer.
"We're now developing more new IP and entering new and emerging markets. All of this requires a restructure of how we focus our efforts internally, and sadly, last week, 12 people left us as part of that restructure. We continue to employ 130 people and recruit for these new areas that we are working in.
"This week we're launching three titles and over the next week or so we'll be announcing a major initiative involving China.
"The changes that we are making to our business are adjustments we think the majority of developers are going to have to make over the coming years to reflect the changes in markets and playing patterns. As a result, Eutechnyx is in a stronger position to focus on growth within the new and emerging markets that we have identified."
According to the report some Eutechnyx staff are currently on loan to Ubisoft Reflection as it develops The Division.
It follows the closure of the company's London office in June last year.
In October Eutechnyx co-founders Brian and Darren Jobling became executive chairman and CEO. The studio is best known for the NASCAR series and Auto Club Revolution, and is also at work on Warhammer 40K title Storm of Vengeance.