Layoffs at Codemasters

F1 series developer reorganizing digital and publishing units; layoffs estimated to total around 80.


F1 2012

Codemasters has laid off as many as 80 developers as part of an internal reorganization, a "strong source" has told GamesIndustry International today. According to an official statement from the company, the layoffs mainly affect the F1 developer's digital and publishing teams.

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"As the company realigns its operations to focus on areas of increased strategic importance and decrease resources in areas that are not delivering value for the business, the company has proposed the restructure of certain aspects within its digital development and publishing units in line with future product strategy," Codemasters said in a statement.

The restructuring is not company-wide and is not expected to impact development on core console and PC games like GRID 2 or its yearly Formula One game.

Prior to today's layoffs, Codemasters employed over 500 in development and publishing roles across the company's studios in Warwickshire and Birmingham, United Kingdom and Kuala Lumpur, Malaysia.

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