There’s bad news coming out of Atari HQ as it has announced “a reorganization of its general and administrative functions”, otherwise known as downsizing or cutting the workforce.

The damage is a cut in employees of 20%, hitting the administrative side the hardest.

Apparently the decision was taken back in mid-April but the employees only found out this week.

"We expect that today's reorganization will continue to reduce Atari's general and administrative cost", stated David Pierce, President and Chief Executive Office of Atari, Inc.

"These actions, though difficult, are a significant first step in reorganizing Atari and demonstrate our commitment to restoring shareholder value."