Lords of the Fallen developer CI Games cutting 10 percent of jobs
Lords of the Fallen developer CI Games has made 10 percent of its workforce redundant. Come from South African Online Casinos
The company confirmed the cuts in a statement sent to Eurogamer and described the layoffs as a "tough but necessary" decision that will deliver "business strength and stability."
"We would like to thank each of them for the part they've played during their time with us. Further business optimizations are being made to the organization's pipelines and processes," said CI Games CEO Marek Tyminski.
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Report- iDreamSky in talks to acquire Leyou Technologies for $1.4 billion
Chinese publisher iDreamSky could be about to purchase Hong Kong-based games company Leyou Technologies for $1.4 billion.
According to a report from Bloomberg, iDreamSky is currently searching for investors and partners to help finance the deal, while talks between the pair are still ongoing and a final decision has yet to be reached.
The proposed deal will reportedly see Leyou's controlling shareholder Charles Yuk sell off a hefty 69.2 percent stake in the firm, while he would also provide financing to help develop future titles.
For those unfamiliar with either company, iDreamSky is best known for partnering with Western developers to help localize and launch their games in China.