Layoffs at GSN Games
"Small reduction in force that primarily impacts social casino studios working on established live games"
GSN Games,the social casino gaming company, has confirmed to GamesIndustry.biz that it is currently reducing staff.
The following is a statement from COO Steve Brunell:
"At GSN Games, we regularly examine our organizational structure to ensure that resources align with current and future business needs. Ultimately, it's about making sure we have the right teams in place to deliver world-class experiences for our players. Over the past few years, we have dramatically grown the size of our organization, both organically and through acquisition, and we have seized opportunities to capture market share and increase the value of the company.
With that context, we have decided to make some organizational changes to rebalance the structure of select teams in order to accelerate our ambitious growth plans. This involves a small reduction in force that primarily impacts social casino studios working on established live games, as well as some individuals working on cross-functional teams.
While this decision unfortunately means that we will have to say goodbye to talented people who have played an important role in our success, we believe these changes are necessary to support our long-term goals. We're providing outplacement support to help those impacted by this change. I would like to thank them for their contributions and wish them the best in future endeavors."
The company has offices in the US, UK, Spain, the Ukraine and India. It's part of GSN (Game Show Network), owned by Sony Pictures Entertainment and AT&T Entertainment Group.
In April the company acquired Gamedonia, a mobile games backend-as-a-service developer.