Sega to Sell Relic Entertainment, Will Cut 240 Employees Across UK, Europe

Sega is selling “Company of Heroes” developer Relic Entertainment and laying off 240 employees across its European and UK-based teams, including Creative Assembly and Sega Hardlight.

The cuts make Sega the latest video game company to downsize its staff in 2024.

In a document filed with the Tokyo Stock Exchange Thursday, Sega wrote: “The business environment surrounding the Consumer area, especially in the European region, has been rapidly changing, including reactionary decline from the stay-at-home demand in COVID-19 and the economic downturn due to inflation, etc., and profitability has been lowered. To promptly adapt to these changes in the environment and improve profitability, we have decided to

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