Sega downsizing, focusing on PC & mobile

It’s no secret that 2014 was not the best of years for Sega. The company is now beginning to explore options to streamline its business operations, including reducing its workforce.

In a message to shareholders, its board of directors announced that about 300 Japanese employees have been asked to voluntarily take early retirement. The company also plans to relocate its American headquarters from San Francisco to southern California by mid 2015. There’s no word if layoffs will be part of the move.

Sega is also looking to cut some of its under-performing units and consolidate its product lines. Plans are to reduce support for the arcade business, while refocusing investment in digital games on mobile and PC.

Sega’s stock increased 1% to 1,542 Yen with the announcement.

Image via Sonic 2 XL