Square Enix Reportedly Conducting Mass Layoffs

Square Enix is enacting a round of mass layoffs, according to multiple reports. IGN and VGC reported that Square Enix informed affected staff today that cuts are being made as part of a "fundamental restructuring of the overseas publishing organization," referring to the company's Western business.Cuts are beng made in Europe and America to help Square Enix become more "lean" and "agile," president Takashi Kiryu told staff. The extent of the cuts was not confirmed, but VGC reported that at almos