Type
Internal restructuring
Country
Germany
Region
Hamburg;
Location of affected unit(s)
Hamburg
Sector
Information / Communication
Publishing Of Information; Production And Programming Of Audiovisual
Publishing Activities
58.21 - Publishing of computer games

200 jobs
Number of planned job losses
Job loss
Announcement Date
25 January 2017
Employment effect (start)
25 January 2017
Foreseen end date

Description

On 25 January 2017, German game developer Goodgame announced plans to cut 200 out of 550 jobs in Hamburg, Germany. The company is struggling as the company's strategy with “Free to play” games failed last year. The company was founded in 2009 and at its peak employed 1,300 members of staff.

Already in August 2016 the company announced to cut up to 600 jobs, see (Goodgame, 2016). Goodgame now seeks to adjust its capacity and structure to the volatile market environment.

The company stated that a social plan will be set up for the affected employees.


Sources

  • 25 January 2017: Goodgames press release
  • 25 January 2017: Die Welt (online)

Citation

Eurofound (2017), Goodgame Studios, Internal restructuring in Germany, factsheet number 90242, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/90242.