SEGA announced today that it will be cancelling a variety of unnamed titles and streamlining it’s operation. This comes after news that SEGA has told investors to expect poor earning and profits as the company admits it has has underperformed in 2011/12.
SEGA said to Edge, “due to the challenging economic climate and significant changes in the home videogame software market environment in the US and Europe.”
They continued by saying, “essential to streamline organisations in the field of home videogame software in the US and European markets while shifting to a structure that corresponds to [this] change in environment, including strengthening development in the field of digital content.”
SEGA has come out and said that it’s main focus will be on Total War, Sonic, Football Manager and Aliens titles. They said that they are happy to continue producing games for these select few long-running video game series.
Sadly with less games and a loss of jobs SEGA finished off by saying that they will become “a smaller company positioned for sustained profitability.”