Tue, Oct 01, 2013 | 23:10 BST
Sega confirms lay-offs due to ongoing restructure
Following on from announcements last year, Sega of America has reduced its workforce with an unspecified number of lay-offs.
A Sega representative confirmed the job cutes with VentureBeat.
“As the gaming industry continues to evolve, companies must adapt and adjust in order to compete and succeed in an ever-changing environment. As a result of this, Sega of America has recently undergone a restructure that will enable the company to focus efficiently on developing new and existing content across digital platforms as well as continuing to focus on key brands for packaged goods,” the representative said.
Industry whispers suggest only a small number of staff were let go; all the best to those affected.
Sega announced plans for a major restructure last year, closing offices all over Europe and its Australian development team in a move to return to profits. It was the company’s second major restructuring within the last five years, as it also made significant changes in 2010.
Parent company Sega Sammy Holdings recently acquired Atlus owner Index Corporation for ¥14 billion, in a deal set to conclude on November 1.