In its turnaround plan to improve operating effectiveness, Vivendi Universal Games (VU Games) eliminated 350 staff positions in its North American based operations. The company's Blizzard Entertainment studio was not part of the reduction.
"Restructuring the organization and reducing our cost base are necessary to improve our operating effectiveness and profitability," said VU Games ceo Bruce Hack. "This constitutes another important step in our turnaround plan aimed to better position the company for growth."
VU Games is looking ahead to the second half of 2004 with several major releases scheduled for launch such as WORLD OF WARCRAFT from Blizzard Ent., marking the company's entry into the massively multi-player online role-playing games category. Other current a releases for 2004 include CRASH TWINSANITY, LEISURE SUIT LARRY, THE CHRONICLES OF RIDDICK: ESCAPE FROM BUTCHER BAY, VAN HELSING, GROUND CONTROL II, FIGHT CLUB and SPYRO: A HERO'S TAIL.
Headquartered in Los Angeles, VU Games (www.vugames.com) is a global developer, publisher and distributor of interactive products for all major platforms, including PCs, videogame consoles and the Internet. VU Games development studios and publishing labels include Blizzard Ent., Sierra Ent., Massive Ent., Coktel, Fox Interactive and Knowledge Adventure. VU Games also co-publishes and/or distributes titles for a number of strategic partners, including Interplay, inXile entertainment, Majesco and Mythic Ent.