The company plans to switch from a centrally controlled development and publishing model to a studio-lead business focusing on its core products – Tomb Raider, Hitman, Championship Manager and Deus Ex.

New media and casual gaming will be fused under the Eidos Play brand, and the group will move its production services – which includes localisation and QA – from London to Montreal to take advantage of the lower cost environment.

The firm says it intends to cut annual operating costs by GBP 14 million by the end of June 2008 at a one off cost of GBP 7 million.