Codemasters has announced in an official statement that it has decided to reduce its operating by significantly reducing the size of its staff. Approximately 90 Codemasters employees in the company's UK and international offices will be laid off as part of the company's restructuring plan. The company said that today's decision is a short-term one, and it is a result of the company's interests in maintaining financial stability as the industry transitions to next-generation platforms.

　　"It is distressing to lose such talented and loyal personnel who have contributed to Codemasters' outstanding run of success," Jim Darling, chairman of Codemasters, said in a statement. "However current market conditions dictate that we make these cuts. By doing this now, we ensure that Codemasters is well positioned to continue its proud tradition of creating and publishing some of the best games in the world, thus giving the company an enormous opportunity as the market moves into its expansion phase."

　　The company currently has new projects in development for the Sony PlayStation 2, the Microsoft Xbox, and the PC platform.