[Source] GREE, headquartered in Japan, recently confirmed that its North America subsidiary, GREE International, has laid off 30% of the employees in its San Francisco studio this week. Once a heavyweight along with DeNA and Gungho, the company is struggling to compete in a crowded mobile market dominated by King and Supercell, and has been reporting declining profits for some time.
A verified source involved in this round layoffs, however, claimed that “the headcount in the San Francisco office was reduced by as much as 66 percent by the cuts”. It also seems that GREE International is transiting to a publisher role rather than internal development, though this is currently just speculation. This round of layoff comes months after shuttering its Vancouver studio entirely.