Shrygue
June 8th, 2007, 19:40
via Computer and Video Games (http://www.computerandvideogames.com/article.php?id=165568)
A substantial number of staff at Take-Two's European arm are being laid off as the company seeks to restructure the European part of its business.
CVG learned from sources this morning that the publisher's entire UK PR team has been made redundant, with trade magazine MCV reporting that the redundancies will likely extend to European territory bosses and additional management staff.
It's expected that the staff layoffs will be officially announced on Monday, says MCV.
Take-Two's shake-up of its European operation follows the replacement of the company's board of directors and the departure of CEO Paul Eibeler in March, which came as a result of shareholder attempts to introduce huge changes.
A substantial number of staff at Take-Two's European arm are being laid off as the company seeks to restructure the European part of its business.
CVG learned from sources this morning that the publisher's entire UK PR team has been made redundant, with trade magazine MCV reporting that the redundancies will likely extend to European territory bosses and additional management staff.
It's expected that the staff layoffs will be officially announced on Monday, says MCV.
Take-Two's shake-up of its European operation follows the replacement of the company's board of directors and the departure of CEO Paul Eibeler in March, which came as a result of shareholder attempts to introduce huge changes.