Gree profit declines overseas studios close in succession

&http://www.aliyun.com/zixun/aggregation/37954.html ">nbsp; Last week, the Japanese economic News (Nekki) reported a sharp decline in sales revenue and profits in the second quarter of Gree (before the company's official earnings report).

At the time, Japan's biggest commercial distributor said Gree would close 20 to 30 social games due to the second quarter, TechCrunch later reported that Gree's European headquarters in London would be closed. Gree has halted operations in China and cut at least 25 employees at the San Francisco headquarters.

Currently, Japan's economic news Online reports that these are not the end points, in addition to the British office, allegedly gree decided to close the studio in São Paulo, Amsterdam and Dubai. (These three studios are just Gree's game marketing team and do not employ local staff).

Japan's economic news also reported that Gree has been preparing to carry out 30 to 40 layoffs in South Korea's studios (nearly 30% of Gree's workforce in South Korea), and that Seoul Studios, which specializes in mobile gaming, could also be affected.

As a result, it seems gree is prepared to concentrate resources through restructuring to face a decline in sales revenue and profits, which are currently in studios outside Japan.

Overall, Gree has (or has) closed five international studios (Britain, Brazil, the Netherlands, Dubai and China) and has prepared (or has) laid off workers in two locations (the United States and South Korea). So, at present, Gree only four countries outside Japan have studios, namely the United States, Canada, Korea and Singapore.