Square Enix review management

[lee4]

Yoichi Wada, who stepped down as the president of Square Enix, said he will remain as an employee, he said "As an employee, I believe it is my duty to help the company and give proper results from it. I will be retiring from the line of management, but I plan to work on site as a way to pay my debt to the company."
https://www.youtube.com/watch?v=UbVXXAJ--d4

Square Enix's new president Yosuke Matsuda said that he will review all Square Enix duties, business and assets. Matsuda: "After having succeeded the important role as the president, I plan on reviewing all Square Enix duties, business and assets on a zero-based budgeting standpoint. Due to the radical change of environment, I'd like to fundamentally review what works and what doesn't work for our company, then cast all of our resources towards extending what makes us successful and thoroughly squeezing out what doesn't."
https://www.youtube.com/watch?v=iRF1p60mvnA

Square Enix announced that its North American branch will be hitting with layoffs, including approximately 40 staffs from various departments, and the Square Enix America president & CEO Mike Fischer, who will be leaving in May.

[Helder]

Damn! Cuts all over in many big companies, I wonder what the future holds for the gaming industry.

[Lazy Bastard]

This is likely a good thing, since Square Enix hasn't exactly been brilliant in recent years. Hopefully Matsuda trims the fat and gets back to making great games

[Helder]

True that but I was just taking in all the cuts from various companies and even some closing their doors.

[lee4]

that happans when companies thin out much too