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Really interesting article on the situation of the gaming sector and the layoffs

That said, the comparison is not apples-to-apples. The Japanese companies in the list are, to a bigger or lesser extent, conglomerates where video games are only a part of their business, and their numbers would probably be a bit better without their arcade/toys/publishing businesses (except maybe Bandai Namco, they have better margins in the toys/hobby business, and it is actually a bigger part of their company).

In Sega's case, most of that reduction comes from the Pachinko business (that's why you see a reduction during the pandemic, that segment lost half their revenue)

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