Codemasters restructures digital business

British publisher and developer Codemasters has confirmed spreading reports that it is restructuring its digital operations.

Reports emerged this morning that jobs have been lost at the UK firm, but Codemasters has emphasised this is not across the entire company.

Instead, selected areas with the publisher’s digital business have entered a consultation period while it reviews how to offset those that are "not delivering value".

Codemasters has also stressed this will not affect its boxed console and PC offering, including the hotly anticipated Grid 2 or this year’s Formula One title.

A Codemasters spokesperson said: "As the company realigns its operations to focus on areas of increased strategic importance and decrease resources in areas that are not delivering value for the business, the company has proposed the restructure of certain aspects within its digital development and publishing units in line with future product strategy.

"As a result of the proposed restructure, the Company has therefore entered into a period of collective consultation with the affected employees.

"The restructure is not companywide and is not anticipated to impact the development of its core console and PC titles such as Grid 2 or its annual Formula One title."