Member Article

19 jobs lost at Eutechnyx as business undergoes strategic shift

Gateshead-based computer and video games developer Eutechnyx has entered consultation with 19 staff this week.

In an effort to restructure the business, the company has also announced the creation of 25 new roles.

Last month, Teeside University told Bdaily about its partnership with the firm which aids the employment of graduates into the industry. This news comes after the announcement of 13 job cuts at the company.

The firm has announced a change of focus, with the creation of 25 roles on company’s 3D showroom project ZeroLight.

Eutechnyx told GamesIndustry.biz that “a significant investment round” allowed ZeroLight to be “spun out as a separate trading entity.”

The company added that the 25 new roles will “be initially staffed with a team of 25 individuals, working on existing contracts from within the automotive, telecommunications and aerospace industries.”

“Eutechnyx has been very successful in adapting to new market opportunities as seen in the launch of ZeroLight. From a standing start two years ago, ZeroLight has established itself as a market leader in this technology, working with an impressive line-up of the world’s leading brands,” CEO Darren Jobling said in a statement.

“In addition, 2014 saw Eutechnyx announce Auto Club Revolution & ACR Drift in cooperation with experienced partners in China and Japan. This experience has demonstrated the significant benefits of working with specialist publishers in specific markets, and has shaped the Eutechnyx strategy going forward.”

Employees and fans of the brand have taken to Twitter this week to offer their support to those who have been made redundant this week.

This was posted in Bdaily's Members' News section by Ellen Forster .