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Producer of off-the-wall peripherals Mad Catz will be laying off a third of its staff in the course of the next twelve months after a disappointing financial year. Top execs, including president and CEO Darren Richardson, have already resigned.
It's hard to know how the layoffs will affect its PC peripherals business long-term, but the restructuring announcement accompanied the release of the bizarre RAT 1 mouse, so there doesn't seem to be any shortage of ideas.
Thanks, Gamasutra.
