Namco Bandai Cutting 630 Jobs After Huge Losses

Namco Bandai expected to be in the black with a profit of 8.5 billion yen ($94 million). Instead they reported a total loss of 31 billion yen ($343 million).

Recommended Videos

 

Namco Bandai will go through through a major restructuring and cut 630 jobs out of their 7,000 employees by the end of their next fiscal year. These cuts will be across the company, including their video game division.

 

Their top selling video game this past holiday season may surprise you. It wasn’t Tekken 6 or Tales of Vesperia. It was Ben 10 Alien Force which moved 870,000 copies across all platforms. Ben 10 Protector of the Earth was number two with 540,000 copies sold. Both of these games come from D3 Publisher which Namco Bandai purchased last February.

 

Tales of Vesperia (PS3 and Xbox 360) was number four with 400,000 units in sales. Tekken 6 was number eight with 400,000 units, sandwiched between two games only for Japan, Mobile Suit Gundam: Gundam vs. Gundam Next Plus and Taiko no Tatsujin Wii Do doon Ni-da-me!


Siliconera is supported by our audience. When you purchase through links on our site, we may earn a small affiliate commission. Learn more
related content
Read Article FFXIV Isetan ‘A Decade’s Journey’ Merchandise Returning
FFXIV Isetan 'A Decade’s Journey' Merchandise Returning
Read Article Hunter x Hunter: Nen x Impact Demo Event Heading to Japan
Hunter x Hunter: Nen x Impact Demo Event Heading to Japan
Read Article JoJo’s Bizarre Adventure Earrings Based on Stardust Crusaders
JoJo’s Bizarre Adventure Earrings Based on Stardust Crusaders
Read Article Real Delicious in Dungeon Cola Will Be Released
Real Delicious in Dungeon Cola Will Be Released
Read Article Fallout TV Show Merchandise Includes Vault 33 Clothing
Fallout TV Show Merchandise Includes Vault 33 Clothing
Related Content
Read Article FFXIV Isetan ‘A Decade’s Journey’ Merchandise Returning
FFXIV Isetan 'A Decade’s Journey' Merchandise Returning
Read Article Hunter x Hunter: Nen x Impact Demo Event Heading to Japan
Hunter x Hunter: Nen x Impact Demo Event Heading to Japan
Read Article JoJo’s Bizarre Adventure Earrings Based on Stardust Crusaders
JoJo’s Bizarre Adventure Earrings Based on Stardust Crusaders
Read Article Real Delicious in Dungeon Cola Will Be Released
Real Delicious in Dungeon Cola Will Be Released
Read Article Fallout TV Show Merchandise Includes Vault 33 Clothing
Fallout TV Show Merchandise Includes Vault 33 Clothing
Author
Siliconera Staff
Sometimes we'll publish a story as a group. You'll find collaborative stories and some housekeeping announcements under this mysterious Siliconera Staff Writer account.