Feeds

300 Sega workers in kamikaze mission

Dreamcast related redundancies in Japan

  • alert
  • submit to reddit

Top three mobile application threats

Games giant Sega is to chop 300 jobs in Japan following its decision to ditch the Dreamcast console.

The workers will go via early retirement, and the company is accepting applications from today until March 12. The scheme, which will hit Dreamcast-related consumer product sales, development, and general HQ staff, will see the former Sony rival take a one-time loss of 1.3 billion yen ($11.2 million) in its financial year ending March 31.

The cull will leave around 100 Dreamcast-related staff in Japan.

Last month Sega confirmed it would stop making the Dreamcast games console at the end of March. It plans to concentrate on making games for other platforms such as PlayStation, GameCube and Xbox. The company has slashed the price of Dreamcasts (from £149.99 to £99.99 in the UK, and $150 to $100 in the US) in the hope of offloading the machines. It plans to make 30 games for Dreamcast over the year.

The company is also expected to see its fourth consecutive year in the red, with losses of 58.3 billion yen for the year ending in March.

Earlier this month email newsletter MCV reported that Sega Europe made an unrevealed number of employees redundant, including Dreamcast guru Mark Maslovicz. ®

Related Stories

RIP Dreamcast: March 2001
Sega Europe job losses
Sega president goes mad
Sega takes UK Dreamcast to under £100

3 Big data security analytics techniques

More from The Register

next story
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Did a date calculation bug just cost hard-up Co-op Bank £110m?
And just when Brit banking org needs £400m to stay afloat
Sorry London, Europe's top tech city is Munich
New 'Atlas of ICT Activity' finds innovation isn't happening at Silicon Roundabout
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
prev story

Whitepapers

Designing a defence for mobile apps
In this whitepaper learn the various considerations for defending mobile applications; from the mobile application architecture itself to the myriad testing technologies needed to properly assess mobile applications risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.