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  1. #1
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    Sega canceling games, cutting jobs in US and Europe to restructure



    Sega's forecasts for the fiscal year ending March 31 have been adjusted down -- expected net income is down 47.4% -- and Sega Sammy's board of directors have enacted a drastic plan to reduce operating costs in the future.

    Sadly, this plan involves the "streamlining" of Sega's operations in the US and Europe, to "create a smaller company positioned for sustained profitability." There is currently no word on how many jobs are being cut, or where, to create this smaller company.

    The plan also includes a narrowing of Sega's lineup, to focus on franchises that the company expects to sell in the US and Europe, including Sonic, Football Manager, Total War, and Aliens. That refocusing means some games have been canceled, though specific titles were not announced.

    Sega's "extraordinary loss" (caused in part by costs from this restructuring) will see the company's expected profits drop from 38 billion yen ($462 million) to 20 billion yen ($243 million,) with sales revenue dipping about a half-billion dollars. The cancellation of these projects and this reform is estimated to have a 7.1 billion yen ($86.5 million) price tag.
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    I'm gonna flip tables if they cancelled their Sega Dreamcast HD titles!
    Thanks to Kwes for the avatar and Sylar for the signature!

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  2. #2
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    poor SEGA, Their only hope is if another company bought them.

    PSN: Abdou023
    Currently Playing: GTA 5

  3. #3
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    Quote Originally Posted by Abdou23 View Post
    poor SEGA, Their only hope is if another company bought them.
    Depends on the company.

  4. #4
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    damn. they were so huge. now the beloved sonic is in a garbage olympics game with mario for $#@!'s sake. my 5 year old self is dying inside


    Let's be honest: You sleep with anything that walks on two legs. Sometimes, you're not even that discriminating

  5. #5
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    What was the last great/very good sega game?
    I talk to myself because I'm the only one whose answers I accept.

  6. #6
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    Quote Originally Posted by LastManDancing View Post
    What was the last great/very good sega game?
    Vanquish
    Valkyria Chronicles - never got round to playing the PSP iterations of that series

  7. #7
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    Quote Originally Posted by Nitey View Post
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    Valkyria Chronicles - never got round to playing the PSP iterations of that series
    Yakuza series has been excellent as well.







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  9. #8
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    Thank goodness Sega have left Creative Assembly alone and let them dish out some of the greatest gaming masterpieces to have graced the PC, Total War forever!

    Quote Originally Posted by LastManDancing View Post
    What was the last great/very good sega game?
    Total War: Shogun 2: Fall of the Samurai, it was released a week or so ago and it's a masterpiece, having said that they're only publishers and not the developers of the Total War franchise.

  10. #9
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    Sega will be back. It seems to me though that they're stuck on Sonic...they need to get new brand image.

  11. #10
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    $#@! Sega. I hope they fold. It's shenmue or nothing as far as I'm concerned.


  12. #11
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    Quote Originally Posted by Two4DaMoney View Post
    $#@! Sega. I hope they fold. It's shenmue or nothing as far as I'm concerned.
    I doubt they'll consider publishing such an expensive title after these extraordinary losses. Yu Suzuki will need to find someone else.
    Thanks to Kwes for the avatar and Sylar for the signature!

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  13. #12
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    Yu Suzuki will need to find someone else.
    I'm down with that If he can get involved with a company that can keep their stuff together that can only be good news, maybe Capcom would have a place for him.

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