Thunderful Group to lay off 20% of its workforce
, by Thibaut
Swedish company Thunderful Group has just announced a major restructuring plan. The company comprises seven development studios and three publishing divisions (including Rising Star Games).
Regrettably, the group will be laying off 20% of its European workforce, or just under a hundred people. The company wishes to "strenghen its competitiveness" following a number of "over-investments" made recently. These were deemed "unsustainable" by the new management team, and would have had a negative impact on Thunderful.
Source: videogameschronicle.com