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Stock impact report

Atlus Aims To Raise Salaries, Improve Working Conditions As Layoffs Continue Hitting Games Industry [Yahoo! Finance]

SEGA SAMMY HLDGS S/ADR (SGAMY) 
NASDAQ:AMEX Investor Relations: segasammy.co.jp/english/ir
Company Research Source: Yahoo! Finance
There's been a lot of demoralizing news about the game industry lately, with a constant stream of headlines about mass layoffs affecting several publishers coming one after the other for weeks on end. So when a company like Atlus, developers of Persona, Shin Megami Tensei, and Etrian Odyssey--among many other titles--notes that it's actively putting efforts in to try to make its workplace better , it's like a sweet, soft song amongst a cacophony of misery. As first mentioned in a press release and reported on by Automaton West , Atlus plans to make improvements to its working environment starting in April of this year. New recruits will have their monthly salaries raised by 10%, going from 300,000 yen of pay each month to 330,000 yen. Longtime employees and independent contractors working on their titles will see a raise, too, aiming to increase yearly salaries by around 15%. Japanese companies are notorious for often-harsh overtime demands, though in recent years government legi Show less Read more
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