The Japanese company Gumi, specializing in mobile games and known in the West for Final Fantasy: Brave Exvius, intends to part ways with 80 employees. It has decided to downsize in light of growing losses.
Final Fantasy: Brave Exvius
In its financial report, Gumi reported operating losses of 5 billion yen ($32.4 million) over the past year. The previous year, it had reported a profit of 447 million yen ($2.9 million). One of the reasons for the losses was the failure of the mobile game Aster Tatariqus.
Gumi stated that it is not forcibly laying off people but offering them voluntary resignation with all necessary compensations. Currently, Gumi employs 689 people.
Analyst Serkan Toto from Kantan Games wrote on social media that Gumi's case is rare for Japan. This is due to the unique characteristics of Japanese legislation, which make it extremely difficult for local companies to conduct mass layoffs.