Bandai Namco Reports Decline in Stock Price
Bandai Namco, a Japanese gaming company, has experienced a decline in its stock price. During mid-day trading, shares dropped by 2.8%.
Recent Layoffs
The company has undergone a workforce reduction, with over 100 employees leaving the company last year. The layoffs were reportedly carried out through a traditional Japanese practice, where employees were sent to rooms without projects to work on, effectively pressuring them to leave voluntarily.
Key Statistics
- Stock price decline: 2.8% during mid-day trading
- Number of employees laid off: over 100
- Year of layoffs: last year
Company Performance and Future Prospects
The decline in stock price and layoffs have sparked concerns about the company’s performance and future prospects.