Sega Sammy Cutting 400 Jobs
11 Feb
Posted by James Hyde as Analyst, Articles, Business, News, Puzzle, Software
Japan’s Sega Sammy, the part SEGA owned holdings company, is looking to cut 400 jobs, citing bad yearly results. The company lost almost $150 million in 2007, after having profits of $460 million in 2006, a huge difference, by any means. As a result, as usual, someone’s losing their job, or some 400 people. Furthermore, they’re looking to close 110 unprofitable arcade halls around Japan. SEGA and Sammy holdings, makers of Arcade games, merged in 2004.
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