Wednesday, February 11, 2009

More Layoffs, SEGA Retrenching 560 Employees Worldwide


bigdownload.com reported that SEGA has announced that it will be retrenching 560 employees worldwide. SEGA recorded a loss of $235million last financial year. The layoffs were part of a cost cutting measure. SEGA also said that they will be cutting 20% of its development and research budget.

Source : http://news.bigdownload.com/2009/02/10/sega-to-lay-off-560-employees-worldwide/

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