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

**Blacksite** · 03-30-2012

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.

Source

I'm gonna flip tables if they cancelled their Sega Dreamcast HD titles!

**Abdou23** · 03-30-2012

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

**Cloudie** · 03-30-2012

Originally Posted by Abdou23

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

Depends on the company.

**Funeralfog** · 03-30-2012

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

**LastManDancing** · 03-30-2012

What was the last great/very good sega game?

**Nitey** · 03-30-2012

Originally Posted by LastManDancing

What was the last great/very good sega game?

Vanquish
Valkyria Chronicles - never got round to playing the PSP iterations of that series

**Fon** · 03-30-2012

Originally Posted by Nitey

Vanquish
Valkyria Chronicles - never got round to playing the PSP iterations of that series

Yakuza series has been excellent as well.

**Varsh** · 03-30-2012

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!

Originally Posted by LastManDancing

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.