SCi, who are the parent company of publisher Eidos, have indicated they are planning to cut jobs as part of a restructuring plan.
The company plans to reduce their maximum head count to 800, and have also opted to cancel 14 projects currently under way, as they will not generate an acceptable return on investment or are not of sufficient quality.
Phil Rogers, CEO, has issued the following statements: "To get SCi on track we have to act rapidly and effect change quickly. We must allow the world-class people that we have within the Group to focus on strong, profitable titles which will create the value our shareholders deserve."
"I am confident our staff share this vision and excitement for the future, and determination to build a working environment where our innovation and creativity can be commercially realised," he added.
"Our quality has slipped below acceptable standards and, through disappointing game development and working within an ineffective operating structure, we are failing to realise the commercial return our creative ability and our shareholders demand,” said Rogers. “Our infrastructure is too big and expensive for the scale of the business."
The company plans to switch from a centrally controlled development and publishing model to a studio-lead business focusing on its core products – Tomb Raider, Hitman, Championship Manager and Deus Ex.