SEGA Laying Off 240; Selling Relic

A financial notice from SEGA SAMMY HOLDINGS announces 240 layoffs at SEGA, primarily in Europe, as part of a "structural reform." Here's word on the cuts, which GamesIndustry.biz says are hitting Sega Europe, Creative Assembly, and Sega HARDlight: "At the same time as we review the development structure and medium-term lineup, we decided to reduce headcount by approximately 240 roles at several bases in the European region with the aim of optimizing fixed expenses. As a result, a loss on business restructuring of approximately 1.5 billion yen is expected to be recorded as extraordinary losses. In addition, in September 2023, following the cancellation of some projects from our European bases, headcount was reduced by approximately 250 roles." There's also word that Relic Entertainment is being sold off, though it's not clear to whom:
The company decided to transfer all shares of Relic, a consolidated subsidiary of the Company. As a result, a loss on business restructuring of approximately 4.7 billion yen is expected to be recorded as extraordinary losses. As a result of the transfer of shares, Relic will be excluded from the scope of consolidation.