The Seattle-based mobile and social game developer Big Fish has laid off 250 people just one day after courts ordered the studio to pay $155 million from multiple class-action suits. The two matters are not connected, management says.
Geekwire obtained a memo from Big Fish's co-president Andrew Pedersen and Jason Willig, who said the cuts were part of the company's ambition to "strengthen our business and position Big Fish for long-term success." The executives said they are making the cuts as Big Fish enjoys a "position of financial strength," adding that cost-cutting is "the primary driver behind the changes."
Pedersen and Willig said in their memo to say that succeeding as a multiplatform publisher of mobile games at scale "requires greater agility and different operating and creative capabilities."
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