Sega is set to pass personal-belongings-boxes around their American and European offices in the near future, after an announcement of poor earnings for the year ending March 31 comes with promises of multiple job cuts.
All this is in an effort to “streamline” operations and focus its attention on long-running properties such as Sonic and Football Manager.
Sega says its consumer business loss is due to “the challenging economic climate and significant changes in the home videogame software market environment in the US and Europe.”
In light of this, parent company Sega Sammy said, “It’s essential to streamline organisations in the field of home videogame software in the US and European markets while shifting to a structure that corresponds to [this] change in environment, including strengthening development in the field of digital content.”
This not only means a lot of people are getting canned, it also means there are a number of unnamed projects that are being scrapped as well. According to Sega, this will create “a smaller company positioned for sustained profitability.”
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