Codemasters has denied reports that it is set to close its US operations after some of the company's key titles underperformed at retail.
IGN reported that the Dirt publisher had laid off the marketing staff at its Southern California office ahead of the subsidiary’s closure, and that the company was set to focus on its internal studios going forward.
But a Codemasters spokesperson told us that the US office remains operational and won’t be closing any time soon, although it has seen a reduction in its workforce.
“As many organisations have in the past year, Codemasters has reassessed the scale of its North American office and is returning to a core sales and publishing operation that will receive significant support from our distribution partners,” the company said in a statement.
“In light of this restructure, six staff have been let go from the US commercial team, three from marketing; we recognise and thank them for their efforts during the past year. Codemasters’ office in Burbank CA remains operational under the management of Bill West and we look forward to a focussed relationship with our distribution and marketing partners going forward”
Last month it was reported that Codemasters was on the verge announcing a new investor to help it rebuild its balance sheet after a tough year of trading.