The Japanese branch of Square Enix is planning to cut somewhere between 200-300 jobs if internet reports ring true. There’s no concrete word on why the purported layoffs are taking place but considering the industry as a whole hasn’t been doing so hot in Japan as of late means a bout of corporate reshuffling may be in order. Not to mention, the recent merge with Eidos is another factor that could have instigated things.

There is also the possibility of this affecting companies under the Square Enix umbrella, such as Taito.

More as it breaks.

Square Enix Japan To Cut 200 to 300 Jobs [Kotaku]

Read more: Eidos Retains Brand Independence In Square Enix Deal, Eidos Dropped As Publishing Label, Square Enix Europe Named Replacement, Square Enix Closing In On Eidos Takeover, Deal Expected To Be Finalized In May, Tecmo Rejects Square Enix Bid, In Talks To Merge With Koei, Wada: Eidos Is A First Step, Calls Japanese Market “Xenophobic”