Vivendi Universal Games sends along the announcement of a reorganization,
which is costing 350 people their jobs. The release specifies that Blizzard is
not impacted by the moves, but it seems likely this is connected with recent
speculative stories of the closings of Papyrus (story
). Here's the word:
GAMES ANNOUNCES REORGANIZATION AND COST REDUCTIONS AS PART OF TURNAROUND PLAN
LOS ANGELES – June 21, 2004 – Vivendi Universal Games (VU Games) today announced
another step in its turnaround plan to improve operating effectiveness, reduce
costs and position for growth. The changes include a significant staff reduction
in its North American based operations resulting in the elimination of 350 staff
positions. The Company's Blizzard Entertainment studio was not part of the staff
"Restructuring the organization and reducing our cost base are necessary to
improve our operating effectiveness and profitability," said VU Games CEO Bruce
Hack. "This constitutes another important step in our turnaround plan aimed to
better position the Company for growth."
With a global and more focused organization in place, VU Games is looking ahead
to the second half of the year with several major releases scheduled for launch.
VU Games plans to release World of Warcraft from Blizzard Entertainment, marking
the Company's entry into the massively multi-player online role-playing games
category. Other current and upcoming releases for 2004 include Crash Twinsanity,
Leisure Suit Larry, The Chronicles of Riddick: Escape from Butcher Bay, Van
Helsing, Ground Control II, Fight Club and Spyro: A Hero's Tail.