Sega of America to Layoff 61 Employees on March 8 - News
by William D'Angelo , posted on 01 February 2024 / 1,804 Views
Sega of America is set to layoff 61 employees on March 8, 2024, according to a California WARN notice posted by Sega that was spotted by a user on ResetEra.
The California WARN Act requires all companies to give a 60 day notice before doing a mass layoff. Sega of America has given notice to the State of California's Employment Development Department oh two separate layoffs of 49 employees and 12 employees. Both will take place on March 8, according to VideoGamesChronicle.
Sega of America has about 440 employees, which means around 13 percent of the company will be laid off in March.
🚨 LAYOFF ALERT - California 🇺🇸
— What Layoff? (@WhatLayoff) January 31, 2024
Sega of America, Inc. at 140 Progress, Suite 100, Irvine CA 92618 and 6430 Oak Canyon Road, Suite 100, Irvine CA 92618 will layoff 61 employees on March 8, 2024 as indicated in a California WARN notice.
A life-long and avid gamer, William D'Angelo was first introduced to VGChartz in 2007. After years of supporting the site, he was brought on in 2010 as a junior analyst, working his way up to lead analyst in 2012 and taking over the hardware estimates in 2017. He has expanded his involvement in the gaming community by producing content on his own YouTube channel and Twitch channel. You can contact the author on Twitter @TrunksWD.
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I guess basically every producer is going to lay off ten percent of its workforce this year except for Nintendo and maybe Capcom.
The gaming industry is seeing so many layoffs already this year, we are already more than halfway to the total number of gaming layoffs in 2023 and we are only 1 month into 2024.
Sad to hear.
At least it’s not 1900.
Is this because of the increased monopolizing in the industry?
Well, it's getting harder and harder to create AAA games because of cost.
True, I didn't think of that factor.
