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Square Enix Profit Forcast

Square revises its profit forecast amidst layoffs

Square Enix has lowered its first-half profit forecast by 65 percent to ¥2.6 billion ($28.4 million) following a round of layoffs. Blaming numerous “special factors” for the revision, the current exchange rate and premium severance packages for staff that were laid off were also to blame. Net income for its financial year ending March 31, […]

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