Sega to cut 1,000 jobs

Sega to cut 1,000 jobs
Tom Foremski
Japanese video game console maker Sega says that it is cutting 1,000 jobs or about 25 per cent of its workforce as it struggles with boosting sales of its Dreamcast system.
Sega said that the cuts are necessary as part of a restructuring to help it focus on growing sales of Dreamcast. The system has been available in Japan but so far, sales have not met expectations.
Sega will release Dreamcast later this year in the US and Europe but it faces challenges in attracting customers and games developers against Sony’s leadership position with its PlayStation. Sony has also announced a next generation Playstation that will be launched in Japan by the end of this year.

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