The house that Sonic built has fallen on some hard times. In a notice sent to their investors, SEGA has announced that they plan to lay off a bunch of employees and cancel a number of gaming projects in an effort to streamline their business model after posting yearly losses.
According to SEGA, their main focus will be on their most popular brands, the ones that still pull in positive earnings, such as "Sonic the Hedgehog," "Total War," "Football Manager" and "Aliens."
"We conducted detailed reviews of earnings projections for titles targeted toward the U.S. and European markets and decided to narrow down sales titles from the following period and after to strong IPs, such as “Sonic the Hedgehog,”, “Football Manager”, “Total War” and “Aliens” which are expected to continue posting solid earnings," said SEGA. "In accordance with this, we are canceling the development of some game software titles."
What games are being cancelled we honestly don't know. Chances are they are unannounced projects that will now never see the light of day. However, it should also be mentioned that the cult hit Bayonetta is not listed as one of the company's "strong IPs." So you might want to hug your copy of Bayonetta right now and tell it you will love it forever, because it might be the only time you will ever get to play as the voluptuous witch…