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panning over a 14 year legacy, Tekken is among the most popular and well-known gaming brands in the world with the entire franchise selling more than 33 million units to date. Displayed in astonishing HD detail, a new era begins in the sixth King ...
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NamcoBandai suffers badly
Posted on Tuesday, 2 February 2010 by Speed, source: Edge-Online
630 people getting kicked out
“The Bandai Namco group generally faced an uphill battle in the first nine months of the fiscal year ending March 2010, during which market conditions for the group remained severe, despite steady results achieved in sales of long-established character toys in the Toys and Hobby business and arcade game machines in the Game Contents business,” the firm said
Apparently only Tekken 6 managed to perform well for the company and as a result Namco-Bandai has stated they expect a $341.93 million loss instead of a previously expected profit of $93.8 million.As always, the little guy is getting hurt most as the company also announced they'll be letting 630 people go following a “group restart plan”. Those 630 apparently account for about 10% of the total workforce at Namco-Bandai.
In other news:
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