Monday, February 16, 2009

Sega to Close Arcades, Cancel Games, Lay Off Hundreds | Game | Life from Wired.com

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.
Sega to Close Arcades, Cancel Games, Lay Off Hundreds | Game | Life from Wired.com
Blogged with the Flock Browser

No comments:

Post a Comment