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Sega of America plans to lay off 61 workers

Sega of America plans to lay off 61 employees in March, according to a California WARN Act report. The government notice lists two separate job cuts classified as “layoff permanent” on March 8.

The biggest news stories this morning: Elon Musk's $56 billion Tesla pay package has been tossed out by the court, How to watch Super Bowl 2024, Microsoft's gaming revenue was up 49 percent in Q2. The company’s legal team reportedly blocked Microsoft engineering leader Shane Jones’ attempts to alert the public about the exploit. The cuts will allow PayPal to “move with the speed needed to deliver for our customers and drive profitable growth,” CEO Alex Chriss said in the letter sent to employees.

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