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Sega announces layoffs and sale of Relic Entertainment

Sega announced a cost cutting exercise today. It will perform layoffs and sell Relic Entertainment to an external investor.

In an effort to cut costs, Sega announced that they will be laying off 240 staff across three subsidiary companies as well as selling Relic Entertainment to an external private investor. Relic Games stated in a post on X that they plan to continue to support Company of Heroes 3 and that they view the transition from Sega subsidiary to an independent development studio as a positive one. Eurogamer was able to see an internal email from Jurgen Post, European managing director at Sega, which confirmed that some laid-off staff members found out about the layoffs from social media before they were informed personally.

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