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Sega To Close Arcades, Cancel Games, Lay Off Employees

Posted by Soulskill on from the not-enough-tokens dept.

slugo writes with this excerpt from Wired: "The house that Sonic built is getting significantly smaller. Sega's Japanese main branch said Tuesday that it will close 110 arcades, cancel some games in development and seek to lay off 18 percent of its staff. ... Sega says it will chop 20 percent off its research-and-development budget for arcade and consumer games. The company plans to do this by 'consolidating titles to be developed' and 'enhancing the self-manufacture ratio.'"

1 of 66 comments (clear)

  1. Re:Sega had arcades? by giostickninja · · Score: 5, Informative

    Arcades are still alive and well in Japan, as I can attest from my recent trip there. I spent some time in a 7 floor arcade...one floor all UFO catchers, one floor all sticker booths (and mostly girls-only) with 5 for games. Expensive, though; the games used ¥100 coins; ~$1 at the exchange rate at the time.