Sega is planning to close down 5 offices in Europe and Australia as a part of the company’s restructuring. The publisher is planning to focus purely on it’s most profitable franchises, such as Sonic the Hedgehog, Aliens, Total War, and Football Manager.
“At the moment for us those are the four IPs we are talking about, they are our AAA IP,” said Sega Europe COO Jurgen Post. “At the moment we are looking into options of course, but it’s not like we are already developing some other titles in addition to that, no.”
This is the first step of the restructuring for Sega, the cost entailed in this reformation is intended to cost them $83 million, and the European offices being closed are located more specifically in France, Germany, Spain, and the Belgium-Netherlands-Luxembourg region.
Jurgen concluded, “It’s still a fantastic business, because if you combine everything it’s massive and it’s growing. But we had to make the changes we are making right now, in order to be better prepared for the future.” The company has yet to reveal how many layoffs will occur as a result of this change, but however many it will be, the employees to be axed will probably have already been by the end of the year.
Source: Games Industry International