SEGA selling off their arcade business isn't the only bad news for the company. A press release has just announced that due to losses suffered this recent financial quarter SEGA will be asking 650 of its employees to "voluntarily retire". The document states that SEGA is establishing a structural reform to adapt to a post-Covid-19 market, and to offset further losses expected to be reported in their yearly fiscal report, set to be reported in March 2021. While an exact number hasn't been released, SEGA expects to have lost 10 billion yen in losses since the onset of Covid-19 throughout the entire fiscal year. Any workers facing voluntary retirement will be given "extraordinary retirement allowances" and SEGA will help any former employees find new work through reemployment support.

This isn't the only cost-saving measure being taken by the company either, as their executive staff will be facing salary cuts. Any employee above the position of Representative Director or Senior Vice President will see their income cut 10-30%.

Source

 

[tech3475]

I’m sure they could save some jobs by laying off half of the Sonic characters that no one likes anyway

They wont get rid of them because they’re counted as dependents and they’re able to claim benefits, why do you think they keep putting them in?

 

[CeeDee]

Y'all are forgetting that if Microsoft bought Sega, I don't think that necessarily means everything'd be Xbox exclusive. At the very least, a handful of their games'd be ported to Switch and maybe PS ala Cuphead/Ori/Minecraft.

Anyways, here's an idea: get Taxman and Stealth back on board to make Mania 2. It's probably got a lower development budget than some shoddy modern Sonic game and it'd probably do better too.

 

[Deleted User]

I could see Nintendo buying Sega then only using it to make a new Mario & Sonic Olympic Games.

 

[RyRyIV]

I could see Nintendo buying Sega then only using it to make a new Mario & Sonic Olympic Games.

Don’t do that. Don’t give me hope.

 

[driverdis]

I could see Nintendo buying Sega then only using it to make a new Mario & Sonic Olympic Games.

not sure why anyone would do that know. Look at what happened with the 2020 Tokyo game. Sonic and Mario got to go to the Tokyo 2020 Olympics that not even the real world got to go to. Unless stuff starts heading back to normal I don’t see that franchise going anywhere real fast.

 

[subcon959]

Only SEGA could be failing during one of the biggest boom periods in gaming history.

Amazing how inspired releases like the Game Gear Micro didn't save them.

 

[MiiJack]

Let's hope it doesn't take AGES for them to be in top shape.

 

[Kioku]

Sega facing financial struggle? They really do what Nintendont.

In all seriousness? It sucks, but voluntary retirement is definitely better than the alternative.

 

[driverdis]

Sega facing financial struggle? They really do what Nintendont.

In all seriousness? It sucks, but voluntary retirement is definitely better than the alternative.

It is not completely voluntary as if enough people choose not to then the alternative will happen.

 

[tfocosta]

What's left for SEGA in the video gaming industry? They stopped investment in consoles since the "failure" of the Dreamcast, they have released a bunch of mini versions of their consoles and now they are leaving the arcade's business. People got tired of Crazy Taxi. At this stage, I don't see other than Sonic & Friends to save the company with his games' franchise for the existing consoles ruling the market. And I'm not even sure if this is enough on its own.

 

[Deleted User]

not sure why anyone would do that know. Look at what happened with the 2020 Tokyo game. Sonic and Mario got to go to the Tokyo 2020 Olympics that not even the real world got to go to. Unless stuff starts heading back to normal I don’t see that franchise going anywhere real fast.

You're taking what I said a little too seriously.

 

[ShadowOne333]

Plot twist: Nintendo buys Sega

No please.
We have enough with Nintendo being pieces of shit ceasing all fan work all around with their IPs, so that they get Sonic and dump shit on the incredible fan work, fan games and fan hacks the Sonic Hacking community has done.

If Nintendo does that, it'd have been the worst that could have happened to Sega/Sonic since their inception.

 

[Harsky]

I hope Sega auctions off Atlus so that Nintendo can buy them.

 

[TheGodMauro]

Remember that Sega is one of the big players in the arcade market in Japan, while it died in the west, arcade machines are a big thing in Japan, and it represents a big part of their income over there. While gaming overall is in a current boom, you cannot operate arcade centers during a quarantine, so their income took a hit as a result.

Would be interesting to see what happens going forward, they recovered from near bankruptcy before, so hopefully they can stay independent.

--------------------- MERGED ---------------------------

I hope Sega auctions off Atlus so that Nintendo can buy them.

I could honestly see that happening.

 

[Silent_Gunner]

Only SEGA could be failing during one of the biggest boom periods in gaming history.

Amazing how inspired releases like the Game Gear Micro didn't save them.

IDK that this is the industry's biggest boom atm...if it was, I wouldn't be surprised if it's a bubble that's going to burst soon.

--------------------- MERGED ---------------------------

No please.
We have enough with Nintendo being pieces of shit ceasing all fan work all around with their IPs, so that they get Sonic and dump shit on the incredible fan work, fan games and fan hacks the Sonic Hacking community has done.

If Nintendo does that, it'd have been the worst that could have happened to Sega/Sonic since their inception.

Archives say hello.

 

[GBADWB]

i'd rather that than mic buy them and have sonic exclusive only on the SHITbox

Microsoft has already publicaly said that first party titles would also be on windows, so it theoretically shouldn't be locked onto the Xbox

 

[Deleted User]

Microsoft has already publicaly said that first party titles would also be on windows, so it theoretically shouldn't be locked onto the Xbox

I think the days of Xbox games not on PC are over. They said they don't care if you buy an Xbox and admitting their first party games would continue to be on PC. Pretty much every exclusive on Xbox One was on PC too. I just sold my Xbox One since I got a gaming PC and have no plans to buy a Series X ever.

 

[pedro702]

tbh nintendo buying them as an semi independent of sorts studio could work, think like game freak they still do games every now and them for other consoles when they aren't busy with pokemon stuff that is, but yeah i dont think microsoft crowd is very sega oriented, sony and Nintendo maybe, Microsoft would be a bad business choice imo since sega games dont sell well on xbox or pc for the matter, they sell most on nintendo/sony platforms by a landslide.

 

[Anxiety_timmy]

i'd rather that than mic buy them and have sonic exclusive only on the SHITbox

no no not the shitbox
the zoomerbox

 

[GBADWB]

tbh nintendo buying them as an semi independent of sorts studio could work, think like game freak they still do games every now and them for other consoles when they aren't busy with pokemon stuff that is, but yeah i dont think microsoft crowd is very sega oriented, sony and Nintendo maybe, Microsoft would be a bad business choice imo since sega games dont sell well on xbox or pc for the matter, they sell most on nintendo/sony platforms by a landslide.

It's not that they dont sell well on xbox/windows rather it sells better because a large portion of japans player base don't own an xbox(but PC is growing over the years) whose segas primary target. Platform agnostic titles such as more recent Yakuza games have seen enough success that Sega is willing to put the series on both Xbox and Windows.


You also have to consider that Microsoft is heavily pushing xcloud for next generation, so it's not only Xbox and windows users have access in the environment, but also any device capable of xcloud streaming(smartphones), which Nintendo doesn't have much of a foot in, and sony's playstation now isn't as heavily pushed.