Recently SEGA Sammy announced on the sale of the arcade business. And now the company is making another “sacrifice”: it asks the 650 employees in the Japanese office to voluntarily resign. Due to the COVID-19 pandemic, SEGA expects this financial year “Extraordinary losses”.
SEGA Sammy Holdings was formed following the merger of SEGA and Sammy in 2004. According to the company, a pandemic “Significantly influenced” for business, so she sells her arcade business.
“But, – added SEGA Sammy, – In order to recover early profits and achieve sustainable growth in the future, we believe that it is necessary to help reduce costs through fixed costs and create an even more efficient spending system. We also decided to urge employees to voluntarily fire “.
SEGA Sammy will provide retired employees with prohibitive benefits and support in future employment. In addition, the company has cut executive salaries by 10-30%.
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