Eurocom to make large redundancies

007 Legends creator Eurocom is set to make a large number of staff cuts.

Reports on GamesIndustry suggest that only 50 staff will remain from the current workforce of 200 after the cuts are made.

Studio director, Hugh Binns, confirmed the news through an official statement.

"Eurocom are undertaking a restructuring which I regret to say has meant we've made the majority of our workforce redundant today," he said.

"This includes many very experienced, talented and highly skilled employees, and we'd like to thank them all for your hard work and efforts."

Binns blamed the redundancies on a decline of demand for console games, and said Eurocom will be focusing on mobile titles going forward.

"We've fought to try and save as many jobs as possible, but the steep decline in demand for console games, culminating in a number of console projects falling through in the last week, left us with no option," he added.

"Eurocom has retained a core staff of just under 50 employees and will be focusing mainly on mobile opportunities moving forward."

The studio, based in Derby, England, was founded in 1988 and saw the creation of many popular titles, including Mortal Kombat 3, Crash Bash and a remake of Goldeneye for the Wii.