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U.K.-based game publisher Mastertronic is cutting about 40% of their staff, reports Eurogamer.net. This is the second company to use the name, as the original Mastertronic was eventually folded into SEGA, and the name was revived in 2004 when it was bought back by one of the company's original founders. Here's the statement from the Mastertronic's Andy Payne:
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