Jump to content
N-Europe

Sega to Close Arcades, Cancel Games, Lay Off Hundreds


Recommended Posts

Posted

The house that Sonic built is getting significantly smaller.

 

Sega's Japanese main branch said Tuesday that it will close 110 arcades, cancel some games in development and seek to lay off 18 percent of its staff. In a series of press releases, the game publisher said that these cost-cutting moves come in anticipation of its recording an annual loss of 25 billion yen (about $238 million) during the fiscal year that will end March 31.

 

blog.wired.com

Posted

Hmm does this mean that they will be breaking away from Sammy? because the arcade side of things are what seem to be losing them the most money surely? Also games that have seemingly bombed in sales despite being good such as Sega Superstars Tennis can't have helped matters. :/

×
×
  • Create New...