Sega (which officially does business under the Sega Sammy Holdings name) has been dealing with financial difficulties for some time, but it looks like their latest round of problems will result in some big changes for the company.
Sega’s Board of Directors met this morning and hammered out a restructuring plan that they believe will help the company’s financial position in the future. Unfortunately, a key part of that plan will involve an unspecified number of layoffs and a voluntary early requirement program that the company will offer to 300 employees. Some of the layoffs will come from Sega of America, which will be moving from its current headquarters in San Francisco to a smaller facility somewhere in Southern California.
The restructuring, which is expected to be completed by the Summer, will also lead to a new focus on downloadable titles developed for smartphones and the PC. Sega is also heavily involved in big budget and mid-tier on consoles and the PC, but it’s currently unknown how this plan will affect the company’s internal development teams.
