Final Fantasy VII Rebirth PS5 PlayStation

With the industry in a crisis and Square Enix's marquee titles Final Fantasy XVI and Final Fantasy VII Rebirth failing to meet sales expectations, the storied publisher/developer is restructuring to " aggressively" pursue a multiplatform strategy. Sadly, this will necessitate a round of layoffs, which has already begun in the US and Europe. On games industry Twitter, impacted staff are sharing the sad news as the sorry process gets underway.

As reported by VGC, Square Enix staff were informed in an internal meeting on Monday. The scale of the layoffs remains unknown and will take place over the next month, but Square Enix said they will primarily impact workers in publishing, IT, and the company's Collective indie game division. Affected employees will be informed this week; UK employees will enter a one-month consultancy period, per local law, whereas American staff could be out of work before June.

As always, we hope everyone caught up in this mess gets back on their feet. How confident are you about Square Enix's stated strategy and new direction? Let us know in the comments section below.