| Eidos cuts Workforce by 30 people at Crystal Dynamics |
| January 11th, 2009 |
Eidos Interactive has confirmed 30 employees
were layed off on Friday at game developer Crystal Dynamics amid disappointing
sales of Tomb Raider: Underworld.
In a statement released by Eidos: "We have increased the focus on the Tomb Raider franchise at Crystal Dynamics,
regrettably this has resulted in the reduction in headcount."
Eidos downgraded the forecast on Friday blaming the North America economy, which has seen retailers restricting inventory
and price discounting on triple-A products.
In a statement by chief financial officer Robert Brent: "Europe was fine, but America was not as anticipated. You would normally expect"
Tomb Raider sales to be split half and half between Europe and North America, but this time America was considerably below that."
Eidos shares were 30% down from 17.25 to 12.25 on friday evening.
The last time that a Tomb Raider game struggled was in 2003 with the release of Tomb Raider: The Angel of Darkness.
Eidos was taken over by SCi, which at the time was a far smaller company
UPDATE 01/12/2009:
Among the 30 employees is creative director Eric Lindstrom, who worked on
Tomb Raider: Legend (2006), Tomb Raider:Anniversary (2007)
and Tomb Raider: Underworld (2008).
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