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Report: Gameloft to close down Madrid studio

40 employees set to be dismissed

Report: Gameloft to close down Madrid studio

French publisher Gameloft is reportedly in the process of shutting down its studio in Madrid with 40 employees set to lose their jobs.

As reported by Vandal, the closing of the Madrid offices will not be immediate as Gameloft is still in the process of working on settlements and contract terminations.

The news comes a month after the publisher was said to have let go of up to 50 members of staff from the same studio.

More cuts

This is not the first Gameloft studio to have been shut down in the last few years. Its New Orleans office closed its doors last month while its Auckland branch was also shut down in January 2016, affecting 160 jobs. Its little-known Helsinki studio also followed suit.

Gameloft was taken over by media conglomerate Vivendi back in June 2016. The company has since switched attentions to another Guillemot founded company in Ubisoft.

 


Staff Writer

Iain is a freelance writer based in Scotland with a penchant for indies and all things Nintendo. Alongside PocketGamer.Biz, he has also appeared in Kotaku, Rock Paper Shotgun, PCGamesN and VG24/7.