Eurocom, the developer behind the poorly-received James Bond licensed game 007 Legends, reduced its staff from more than 200 to below 50 employees today, reports GamesIndustry.biz.
Reports of redundancies at the UK developer began circulating earlier this morning. The studio confirmed the layoffs in a management statement from director Hugh Binns, who said that the layoffs are part of a large-scale restructuring process due the company shifting its focus towards mobile gaming and the cancellation of several upcoming projects.
"Eurocom are undertaking a restructuring which I regret to say has meant we've made the majority of our workforce redundant today," Binns wrote, according to GamesIndustry. "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," he added. "Eurocom has retained a core staff of just under 50 employees and will be focusing mainly on mobile opportunities moving forward."
Eurocom was founded in 1988 to develop games for the Nintendo Entertainment System. The company specialized in making console ports of arcade games before moving into development on games for licensed series, including several Disney animated film and James Bond movie tie-in games.