United Kingdom-based developer Eurocom has enacted a significant amount of layoffs following the release of 007 Legends last month.
Studio director Hugh Binns confirmed that a majority of the company's 200 staff have been let go. A management statement from studio Director, Hugh Binns, has clarified the situation at Eurocom, confirming wide ranging job losses which will see only 50 staff remain at the studio - from a workforce of more than 200.
"Eurocom are undertaking a restructuring which I regret to say has meant we've made the majority of our workforce redundant today,"
"This includes many very experienced, talented and highly skilled employees, and we'd like to thank them all for your hard work and efforts."
"We've fought to try and save as many jobs as possible, but the steep decline in demand for console games, culminating in a number of console projects falling through in the last week, left us with no option. Eurocom has retained a core staff of just under 50 employees and will be focusing mainly on mobile opportunities moving forward."
Eurocom was established in Derby in 1988. It has created dozens of games, with its most recent offerings including James Bond games 007 Legends and GoldenEye 007: Reloaded, as well as Harry Potter for Kinect, Disney Universe, and Rio.