SEGA Begins Downsizing as They Look to Focus on Mobile & PC Online Games


Posted by Evolve on October 13, 2016 at 5:18 AM | Views: 6134 | In: iPhone News

As part of a downsizing for the company, SEGA of America President John Cheng announced that their North American operations will move from San Francisco to Southern California, with relocation packages being offered to many employees. Unfortunately, there will be layoffs to “streamline operations,” with the full number of affected people being finalized in the summer. He added, “We are sad to say goodbye to some of the best people in the business and are indebted to them for their hard work and dedication through the years.” SEGA’s current schedule of games will be unaffected by the move, with the Sonic Boom TV show continuing to run through 2015. Elsewhere with SEGA, the company is looking to constantly post profits, and are planning to focus on Digital Games as a growth area, which includes mobile and PC online gaming. SEGA is also expecting to give around 120 employees voluntary retirement over the next few weeks. In an update after this news was revealed, SEGA of Europe revealed there may be limited redundancies on their part. Despite all this, SEGA is still expected to make a profit this fiscal year, though it will be much smaller than the previous year.


1 Replies - last post by SportFo (View Thread)
SportFo
April 8, 2015 at 9:57 AM

Good find. Thanks for sharing.


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