Gamasutra is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.


Gamasutra: The Art & Business of Making Gamesspacer
View All     RSS
May 27, 2019
arrowPress Releases








If you enjoy reading this site, you might also want to check out these UBM Tech sites:


Report: Marvelous Entertainment Seeks Voluntary Retirements

Report: Marvelous Entertainment Seeks Voluntary Retirements

March 24, 2009 | By David Jenkins

March 24, 2009 | By David Jenkins
Comments
    Post A Comment
More: Console/PC



Harvest Moon publisher Marvelous Entertainment has reportedly asked for around 20 employees to accept a voluntary retirement package, aiming to reduce head count by 17 percent.

In news translated by website Anime News Network, the company has offered a special severance package for any employee who wishes to apply between March 23rd and April 3rd. The retirements will come into effect on April 30th.

Marvelous was forced to lower its full year estimates last month following lower-than-expected sales, and now expects to report a 1.31 billion ($13.3m) loss. The company has already cut employees compensation packages and bonuses, and canceled some public marketing events.

Best known in the West for the Harvest Moon series and as the original Japanese publisher of No More Heroes, Marvelous also produces a range of anime and music products in its home country. The company also owns 51 percent of European publisher Rising Star Games and has a co-publishing deal with XSeed in the U.S.


Related Jobs

Sucker Punch Productions
Sucker Punch Productions — Bellevue, Washington, United States
[05.26.19]

QA Manager
Digital Extremes Ltd.
Digital Extremes Ltd. — London, Ontario, Canada
[05.26.19]

Senior Lighting Artist
Dream Harvest
Dream Harvest — Brighton, England, United Kingdom
[05.25.19]

Technical Game Designer
Insomniac Games
Insomniac Games — Burbank, California, United States
[05.24.19]

Director, Art Management









Loading Comments

loader image