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Sega Sammy hurts further, closes Sega Korea

According to this, Sega Sammy is to close Sega Korea.

Sega has said the Korean dissolution will have no impact on the company's operating results and the move is necessary to optimise its global business operations.

The move is the latest in what's looking to be a very nasty financial situation for the publisher, which was forced to announce the loss of 400 staff and a reigning in of its arcade business in early February.

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Patrick Garratt avatar

Patrick Garratt

Founder & Publisher (Former)

Patrick Garratt is a games media legend - and not just by reputation. He was named as such in the UK's 'Games Media Awards', the equivalent of a lifetime achievement award. After garnering experience on countless gaming magazines, he joined Eurogamer and later split from that brand to create VG247, putting the site on the map with fast, 24-hour a day coverage, and assembling the site's earliest editorial teams. He retired from VG247, and the games industry, in 2017.
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