Japan’s Gaming Giant GREE Retrenches In Europe, Shuts Down All UK Operations
Summary
“Due to the challenging economic climate and on-going changes within the interactive industry, GREE has proposed to close its UK office,” Daniel’s statement reads. But, also like Zynga (which most recently laid off 18% more of its staff), GREE may have grown too much, too fast, as consumer tastes moved on to the next trendy (non-GREE) game. “Due to the challenging economic climate and on-going changes within the interactive industry, GREE has proposed to close its UK office. This decision is being considered in order to focus on developing content from the United States of America for the Western market. The management team are confident that the proposed restructure of the business will benefit the company due to the changing nature of the digital industry over the coming years.”