Square Enix is enacting a round of mass layoffs, according to multiple reports. IGN and VGC reported that Square Enix informed affected staff today that cuts are being made as part of a "fundamental restructuring of the overseas publishing organization," referring to the company's Western business.Cuts are beng made in Europe and America to help Square Enix become more "lean" and "agile," president Takashi Kiryu told staff. The extent of the cuts was not confirmed, but VGC reported that at almost 140 people at the London office alone were "at risk" of being laid off. The cuts are affecting various departments, including IT, marketing, publishing, sales, QA, and business planning, the report said.In 2024, Square Enix also made cuts to its Western teams. Square Enix also sold assets as part of its reorganization effort, selling developers like Crystal Dynamics, Eidos-Montreal, and Square Enix Montreal to Embracer. Square Enix's latest earnings briefing included a slide detailing how the company would conduct a "fundamental restructuring of the overseas publishing organization" with the aim of "further strengthening global publishing capabilities and improving operational efficiency."Square Enix is projecting an annual cost savings of more than 3 billion yen ($19.6 million) as part of the restructuring. Another effort Square Enix is undertaking is further adoption of AI, with the company recently announcing it wants to use genAI to automate 70% of game QA by 2027.