Brief: PCF Group To Lay Off Over 30 Team Members Developing Project Gemini

SQUARE ENIX HOLDINGS

30/01/2024 16:15

Jan 30 (Reuters) - People Can Fly Group  PCF1.WA :
    * IT SIGNS IMPLEMENTING AGREEMENT WITH SQUARE ENIX LIMITED
    * AGREEMENT FOR GAME UNDER TITLE PROJECT GEMINI
    * AGREEMENT PART OF DEVELOPMENT-PUBLISHING DEAL
    * UNDER AGREEMENT PARTIES TO MODIFY PLAN FOR PROJECT GEMINI
    * AS RESULT COMPANY DECIDED TO REDUCE DEVELOPMENT TEAM
ASSIGNED
FOR PROJECT
    * REDUCTION INVOLVES LAYING OFF OVER 30 EMPLOYEES
    * REDUCTION ALSO INVOLVES ASSIGNING SOME EMPLOYEES TO
DIFFERENT
PROJECTS

Source text for Eikon:  ID:nEM5ph7hBa 
Further company coverage:  PCF1.WA   9684.T 

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