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SCi Trimming Staff, Axing Projects

By Alex Petraglia on Saturday, March 1, 2008 at 4:30 PM EST  

Next-Gen.biz is reporting that SCi has announced restructuring plans that will significantly downsize its staff and cancel fourteen different projects it has in the works.

SCi is the parent company of Eidos Interactive, responsible for the Tomb Raider, Deus Ex, Hitman, Just Cause, and Kane & Lynch franchises.

“SCi is in need of immediate change,” said CEO Phil Rogers. “Following our business review over the last six weeks, we are initiating a clear action plan based on three fundamental strands of activity: a radical change in our structure to a studio-led business, a top to bottom program of product improvement and efficiency and a considerable cost reduction plan.”

The company will be reducing its staff by 25%, laying off up to 800 employees, in addition to ceasing development of fourteen titles that are deemed “unlikely to generate an acceptable return on investment or lacking in quality.”

Rogers continued, “To get SCi on track we have to act rapidly and effect change quickly. We must allow the world-class people that we have within the Group to focus on strong, profitable titles which will create the value our shareholders deserve.”

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