The once strong hardware player became a force in multiplatform software development as we all know. Sales are down and Sega believes that the moves are necessary.
Sega’s operations in North America will see it move from San Francisco to Southern California before the end of the summer of 2015. As part of this move, some employees will be offered relocation packages, while others will be laid off. No word on how many will survive, but with the high prices in San Francisco, the move to Southern California should help.
As for the rest of the company, Sega is planning to offer 300 employees voluntary redundancy. The 120 offers will come next week or the week after. In addition as part of its restructuring effort the company will be scaling back its Japanese amusement machine business and packaged video game operations. In the future, the company plans to put more of a focus on areas such as online games for PC and smartphones.
From what we understand development of console titles will continue and games on the current release schedule will not be affected by the move. The Sonic Boom cartoon series that runs on the Cartoon Network will continue to run through 2015.