Earlier this 12 months SEGA threw its hat within the ring to maintain the streak of layoffs within the video games business going with a layoff that noticed the sale of Relic Leisure and 240 folks lose their jobs.
That restructuring and mass layoff is reportedly the trigger for the Sonic firm dropping 6.6 million Yen and a had a drop in its working revenue.
Reported by Japanese web site Gambiz (translated by Automaton-Media), these losses are accountable for an 86.7% drop in revenue for its final fiscal 12 months which ended on Might 31, 2024.
That 6.6 million Yen is roughly $41 million USD, so it’s on no account a small chunk of change. Nonetheless, it’s by no means akin to the precise loss that was these 240 workers.
The lack of expertise, of generational data and methods is at all times way more devastating within the long-term than the monetary pitfalls that will come within the short-term.
These misplaced income are simply one other instance of how layoffs are by no means value it.
Supply – [Gamebiz via Automaton-Media]