What was originally a rumour has now been acknowledged by SEGA of America saying that ”challenges to profitability” led to the layoffs.
In an email to Edge Online, the company comment the decision ”was a difficult one” but it had to be taken. SEGA is but yet another large house joining the cut back bandwagon.
”Sega of America has grown at pace with the booming videogame industry, but at this time of economic recession, harsh retail landscape, and the reality of business challenges to profitability, we must take steps to reduce our cost structure and ensure long-term success,” read the company email to Edge Online.
”The decision to lay off staff was a difficult one, and we thank these employees for their contributions and wish them well in their future endeavors.”
It’s likely more dark days await development studios across the videogames industry.
Happier, care-free times for SEGA …
