200 jobs under threat at Sega

Sega is set to offer 200 employees ‘voluntary retirement’ as it aims to improve profitability.

The publisher expects to make a loss of 9.85m for the second quarter of the 2015 financial year. It has put much of this down to the delay of the release of its newpachislot and pachinko titles and to money set aside for early retirements. It stated however that the reduction of expenses resulting from losing staff could save it 10.9m a year starting from March 2016.

It has adjusted its operating income expectations for the first half of the current fiscal year ending September 30th to 32.8bn yen from 76.6m, a fall of 57 per cent.

Develop has the full story.