Hamburg-based Goodgame Studios has returned to profitability following corporate restructuring which led to around 600 jobs being cut.
The company is now expecting to see a positive operating result in its 2017 financial year. It also has plans to release two new mobile games in early 2018.
As part of the restructuring, Goodgame has focused in on its two biggest titles, Goodgame Empire and Big Farm. The two games were said to have been neglected while the studio went off to develop new titles in different genres.
A hard decision
"The restructuring was definitely one of the toughest periods of the company's history. Nearly everybody in the company had to say goodbye to talented colleagues who will be missed and to whom we thank for their dedication and service," said Christian Wawrzinek, CSO of Goodgame Studios.
"As painful as it's been to undergo this process, there is no doubt that we were doing what we believe necessary to ensure long-term growth and financial stability."