‘Sega’ Turns Focus To PC And Mobile As Company Downsizes, More Than 400 Employees Affected

Scott Grill - Author

Jan. 30 2015, Updated 8:54 a.m. ET

Japanese game company Sega announced Friday that it is letting a considerable number of employees go through “voluntary retirement” and layoffs. The move comes as part of a restructuring of the company that not only results in a move for its North American headquarters, but a change in focus away from console gaming.

According to a press release from Sega, the company is moving from its San Francisco offices to a new location in Southern California. This is part of a downsizing that will see retirement packages offered to 300 employees with another 120 employees to be let go through layoffs. These moves have begun and are expected to be completed by the summer.

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“This move was crucial to keep SEGA operations moving forward throughout North America and to provide our millions of fans a strong pipeline of content across gaming, TV, merchandising, and more,” said Sega COO John Cheng. “We are confident that by relocating to Southern California we will be able to thrive, grow and become a stronger company because of it.”


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