GREE’s U.S. Offices See Layoffs Amid Difficult Quarter, Potentially 30 Or More

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http://techcrunch.com – After a difficult quarter for GREE with profit declining year-over-year, the Japanese gaming company is having layoffs in its U.S. offices. The company just came off a very poor quarter where it was hurt by a stricter regulatory environment in Japan and the rising costs of its campaign to expand internationally outside of Japan. The company saw net profit dip by about 4 percent to $110.3 million after several quarters of dramatic sequential increases. Buried in a release today about a new venture effort to fund gaming companies was a paragraph describing “redundancies.” It said: &# (IT news)