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Sega Trimming 300 Employees Through Voluntary Retirements

<a href="http://www.sega.com">Sega</a> says it will accept voluntary retirement from 300 employees between February 26 and March 12 as part of a downsizing plan related to its departure from the console business.

Game Developer, Staff

February 26, 2001

1 Min Read

The company said it will post a $11.2 million special loss for these retirement allowances, but adds that in the long run, the retirements will result in $16.4 million in annual savings.

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Opinion: How will Project 2025 impact game developers?

The Heritage Foundation's manifesto for the possible next administration could do great harm to many, including large portions of the game development community.