Glu Mobile cuts staff in Kirkland and San Francisco offices, closes Sao Paulo office
Mobile game developer and publisher Glu Mobile announced today that it has cut 25 percent of its staff from the Kirkland, Wash. office and five percent from the San Francisco office as well as shut down its Sao Paulo office to concentrate resources in Glu Mobile’s six other offices.
Glu Mobile president of studios Matt Ricchetti will also be changing roles and heading up its Kirkland, Wash. office (Griptonite Games). Glu Mobile said in its Q3 2012 earnings call that it will be holding total R&D investment steady between 2012 and 2013, so it can rebalance its R&D function worldwide. The changes are said to increase the company’s monetization oversight.
This isn’t the first time Glu has restructured. Back in Aug. 2011, Glu Mobile let go several key executives including vice president of marketing Michael Breslin, chief creative office Giancarlo Mori and Sarah Thompson, who ran its partnership program.