Poland's CI Games to lay off about 10% of personnel

Marta Maciag

18 January 2024 at 7:47 am·1-min read

By Marta Maciag

GDANSK (Reuters) - Video game producer CI Games said on Thursday it plans to lay off about 10% of its personnel.

"To preserve business strength and stability, CI Games has made the tough but necessary decision to implement a targeted round of redundancies, affecting approximately 10% of employees across the company," CEO Marek Tyminski announced on social media platform X.

CI Games shares fell as much as 18% in October, following certain critical reviews of its newest game "Lords of the Fallen".

Within 10 days of its launch, the company surpassed one million copies sold.

CI Games could not be reached for immediate comment. Its shares were up 0.7% at 1.82 zlotys at 1225 GMT.

(Reporting by Marta Maciag; editing by Jason Neely)

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