SEGA Faces $86.4 Million Losses, Layoffs And Cancelled Games To Be Expected
SEGA’s parent company, Sega Sammy, has stated that they face a loss of $86.4 million dollars in the fiscal year ending March 2012, and that sales were not up to par. The company states that it will be undergoing a “massive restructuring”, which inevitably means cancelled games and laid off employees.
Though the company still plans on releasing more Sonic, the upcoming Aliens: Colonial Marines, and future Total War games, there is expected to be more cuts to their portable gaming market and more to their home console software market as well. You might not be seeing SEGA willing to publish more obscure Japanese games like Resonance of Fate anymore, though SEGA has not specified exactly where and when these cuts will be made.
SEGA outlined a plan to cut forecast numbers in half for the next fiscal year and also to streamline organization through a smaller company in the NA and PAL territories to better sustain profitability. Only the future can really tell what’s in store for SEGA…

SEGA Faces $86.4 Million Losses, Layoffs And Cancelled Games To Be Expected

SEGA’s parent company, Sega Sammy, has stated that they face a loss of $86.4 million dollars in the fiscal year ending March 2012, and that sales were not up to par. The company states that it will be undergoing a “massive restructuring”, which inevitably means cancelled games and laid off employees.

Though the company still plans on releasing more Sonic, the upcoming Aliens: Colonial Marines, and future Total War games, there is expected to be more cuts to their portable gaming market and more to their home console software market as well. You might not be seeing SEGA willing to publish more obscure Japanese games like Resonance of Fate anymore, though SEGA has not specified exactly where and when these cuts will be made.

SEGA outlined a plan to cut forecast numbers in half for the next fiscal year and also to streamline organization through a smaller company in the NA and PAL territories to better sustain profitability. Only the future can really tell what’s in store for SEGA…