@hypebeastgaming: @sega's parent company Sega Sammy Holdings has asked 650 of its employees to voluntarily retire, at the same t...

4:32 PM
@hypebeastgaming: @sega's parent company Sega Sammy Holdings has asked 650 of its employees to voluntarily retire, at the same time reducing salaries for its directors. According to new reports, the decision came as part of Sega Sammy’s latest restructuring, which also saw the company sell off 3.51 million shares in Sanrio. Largely affected by the ongoing coronavirus pandemic across the globe, the Japanese video game company now expects a staggering $97 million USD loss for the fiscal year ending in March 2021.⁠ Photo: Vw Pics/Getty Images⁠

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