Featured Articles

HP Stream is a Chromebook killer priced at $200

HP Stream is a Chromebook killer priced at $200

We have been hearing reports of a new breed of affordable Windows notebooks for months. It is alleged that a number…

More...
AMD Radeon R7 SSD line-up goes official

AMD Radeon R7 SSD line-up goes official

AMD has officially launched its first ever SSDs and all three are part of AMD’s AMD Radeon R7 SSD series.

More...
KitKat has more than a fifth of Android users

KitKat has more than a fifth of Android users

Android 4.4 is now running on more than a fifth of Android devices, according to Google’s latest figures.

More...
Aerocool Dead Silence reviewed

Aerocool Dead Silence reviewed

Aerocool is well known for its gamer cases with aggressive styling. However, the Dead Silence chassis offers consumers a new choice,…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Monday, 11 February 2008 06:22

Sega-Sammy to kick 400 to curb

Written by David Stellmack

Image

Cost cutting necessary as company sinks


Sega-Sammy has announced that it will lay off 400 employees in an effort to slash the red ink that the company is bleeding. The company has been undertaking a variety of measures to stem the losses, including the reduction of pay and bonuses for managers, and the closing of amusement arcades that have been determined to be unprofitable.

With the cuts, Sega-Sammy will be bringing staff levels to just around 3,000 employees worldwide. Sega-Sammy is also soliciting voluntary retirement of employees in an effort to reduce costs and gain some greater cost flexibility.

Last modified on Monday, 11 February 2008 09:38

David Stellmack

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments