LegalPCF Group
PCF Group Current Report No. 2/2024: Short-Term Production Agreement for Project Gemini
30 Jan 20241 pages~2 min full read
PCF Group signed a short-term agreement on 30 January 2024 to continue work-for-hire development on the AAA title Project Gemini following the expiration of the previous contract rider.
The company is downsizing the Project Gemini development team, resulting in a workforce reduction of more than 30 employees.
The agreement serves as a bridge while PCF Group and publisher Square Enix Limited finalize strategic decisions regarding the project’s future scope and collaboration.
Affected staff members from the Gemini team are being offered internal transfers to other PCF Group projects where possible.
This restructuring follows a previous update from 24 November 2023, with further details on the project's strategic direction to be disclosed in future reports as required by law.
The report announces the conclusion of a short‑term executory agreement that extends the content‑rider attached to the production‑publishing contract for the AAA title Project Gemini. The agreement, signed on 30 January 2024, follows the expiration of the previous rider on 29 January 2024 and is intended to maintain development activity while the parties finalize strategic decisions concerning the project’s scope and future collaboration with Square Enix Limited, the publisher.
The new rider enables the continuation of work‑for‑hire development in Europe under the existing publishing contract, but it also signals a planned restructuring of the development effort. The board has decided to downsize the dedicated Gemini team, offering some members positions on other Group projects and implementing a workforce reduction that affects more than 30 employees. This adjustment reflects a common practice in AAA game production when project direction requires significant modification.
The communication references an earlier update issued on 24 November 2023, indicating that further details on the outcome of the strategic discussions will be disclosed in subsequent public reports, provided legal requirements dictate such disclosure. The scope of the announcement is limited to the Polish‑registered PCF Group S.A., its European development operations, and the contractual relationship with Square Enix, covering the period from the end of January 2024 onward.
