It seems things still haven’t gone quite according to plan for the company in their Pachinko/pachislot division according to the latest press release from the company.
SEGA Sammy will be cutting roughly 200 jobs, of which the company calls a “voluntary retirement”, in the Taiyo subsidiary. This is due to the earnings forecast being cut and profits being down in the division for at least a year, more than expected.
So why this division particularly? Sales of the Bayonetta and Fist of the North Star slot machines were “not sufficient to offset the impact”of advertising and development costs”, according to SEGA Sammy CEO Hajime Satomi.
In short it is another restructure. This time, however, it does not impact the entertainment division, of which includes video gaming, at all. That said more jobs being cut is never a good thing and we wish those who are affected by this all the best.
This post was originally written by the author for TSSZ News.