Develop writes:
Operating income forecast falls by 57 per cent to £76.6m for first half of 2015 fiscal year
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 new pachislot 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.
Sega has released its financial statement for the 2023-24 fiscal year, and profits may be up, but it's mostly not down to video games.
SEGA has announced Fearless: Year of Shadow, a campaign that celebrates Sonic the Hedgehog and his brooding acquaintance, Shadow.
GamesIndustry.biz writes: "Relic is best known for the Company of Heroes and Dawn of War games, and recently developed the new Age of Empires for Microsoft. Relic will transition to an independent studio and will no-longer be part of the Sega group of studios.
The majority of the 240 job cuts are across Creative Assembly and Sega Europe, while there will be a ‘small number’ cut from Sega HARDLight. There was no mention of other Sega UK studios, including Two Point Studios and Sports Interactive."