The company is bleeding cash out every corporate orifice and so drastic measures are being taken; 110 arcade centres to shut, with 560 jobs for chopping.
At the moment staff losses are voluntary and will be unemployed come March. R&D is getting a 20% cut too meaning Sega game projects will start getting canned. Bad times.
The full year loss will be $235,424,993 for Sega come March 2009 reveal their accountant seers, report Kotaku. Long gone are the hay days of the Dreamcast…
