Namco to ax 168 staffers

Cuts will save $33 million in personnel costs

Japanese arcade and home gamemaker Namco Bandai Games plans to ax 168 employees through early retirement by March 31.

The company, a subsid of media conglom Namco Bandai Holdings, had hoped to persuade 200 staffers, 10% of its workforce, to volunteer for the early exits.

The cuts are expected to save Namco Bandai $33 million in personnel costs.

The company is facing a $19 million special loss for the current fiscal year, ending in March.

Among the games on the company’s line-up are “Afro Samurai 2009,” based on a popular U.S.-Japan toon co-production, as well as entries in the “Tekken,” “Naruto,” “Digmon,” “Ace Combat” and “Tales of Vesperia” series.

More Digital

  • Trump Davos

    Trump Tariffs Could Make Apple Watch, Sonos Speakers More Expensive (Report)

    Japanese arcade and home gamemaker Namco Bandai Games plans to ax 168 employees through early retirement by March 31. The company, a subsid of media conglom Namco Bandai Holdings, had hoped to persuade 200 staffers, 10% of its workforce, to volunteer for the early exits. The cuts are expected to save Namco Bandai $33 million […]

  • ABC - More In Common

    ABC Hopes Feel-Good Series for Facebook About Americans Uniting Goes Viral

    Japanese arcade and home gamemaker Namco Bandai Games plans to ax 168 employees through early retirement by March 31. The company, a subsid of media conglom Namco Bandai Holdings, had hoped to persuade 200 staffers, 10% of its workforce, to volunteer for the early exits. The cuts are expected to save Namco Bandai $33 million […]

  • Disney Cycles VR Short Film

    Disney Animation's First VR Film, 'Cycles,' Set to Premiere

    Japanese arcade and home gamemaker Namco Bandai Games plans to ax 168 employees through early retirement by March 31. The company, a subsid of media conglom Namco Bandai Holdings, had hoped to persuade 200 staffers, 10% of its workforce, to volunteer for the early exits. The cuts are expected to save Namco Bandai $33 million […]

  • Beta Film Boards ‘The Pier,’ from

    Beta Film Boards ‘The Pier,’ from ‘Casa de Papel’ Creator Alex Pina

    Japanese arcade and home gamemaker Namco Bandai Games plans to ax 168 employees through early retirement by March 31. The company, a subsid of media conglom Namco Bandai Holdings, had hoped to persuade 200 staffers, 10% of its workforce, to volunteer for the early exits. The cuts are expected to save Namco Bandai $33 million […]

  • Michelle Kempner

    BuzzFeed Entertainment Operations Head Michelle Kempner Exiting for Facebook

    Japanese arcade and home gamemaker Namco Bandai Games plans to ax 168 employees through early retirement by March 31. The company, a subsid of media conglom Namco Bandai Holdings, had hoped to persuade 200 staffers, 10% of its workforce, to volunteer for the early exits. The cuts are expected to save Namco Bandai $33 million […]

  • Empty movie theater

    AMC Theatres Teams With Facebook for Movie Ticket Purchases

    Japanese arcade and home gamemaker Namco Bandai Games plans to ax 168 employees through early retirement by March 31. The company, a subsid of media conglom Namco Bandai Holdings, had hoped to persuade 200 staffers, 10% of its workforce, to volunteer for the early exits. The cuts are expected to save Namco Bandai $33 million […]

  • VUDU logo

    Walmart Eyes Q4 Launch of Vudu-Branded Service to Rival Netflix (EXCLUSIVE)

    Japanese arcade and home gamemaker Namco Bandai Games plans to ax 168 employees through early retirement by March 31. The company, a subsid of media conglom Namco Bandai Holdings, had hoped to persuade 200 staffers, 10% of its workforce, to volunteer for the early exits. The cuts are expected to save Namco Bandai $33 million […]

More From Our Brands

Access exclusive content