The new president of Square Enix, Yosuke Matsuda, spoke to the press regarding his plans to improve Square Enix. This comes shortly after the company revealed that he will be replacing and that the company predicts a 13 billion Yen loss.
Yosuke Matsuda explained…
“After having succeeded the important role as the president, I plan on reviewing all Square Enix duties, business and assets on a zero-based budgeting standpoint. Due to the radical change of environment, I’d like to fundamentally review what works and what doesn’t work for our company, then cast all of our resources towards extending what makes us successful and thoroughly squeezing out what doesn’t.
As far as a concrete plan on what to expect from us, I will further explain it on another briefing session in the near future, so I kindly ask for your patience. Thank you for your support.”
To make things transition easily, former Square Enix president, Yoichi Wada, is supporting the change, ready to help Matsuda move in early.
“As an employee, I believe it is my duty to help the company and give proper results from it. I will be retiring from the line of management, but I plan to work on site as a way to pay my debt to the company.” Wada expressed.
This comes at the same time that Square Enix LA announced several lay offs. It looks like Square Enix is clearing house, trying to cut the fat. Will this mean better games? Let’s hope so.
This article includes resources gathered from our in-house investigative reporter, George Eleftheriou.