Japan game developer Gumi to cut jobs, sell assets 3 months after IPO

Mar 27 2015 7:36AM EST | Source: REUTERS Technology

TOKYO (Reuters) - Just over three months after raising hundreds of millions of dollars in a stock market listing, Japanese mobile game developer Gumi Inc plans to cut 10 percent of its workforce and sell assets as part of a drive to bounce back from losses it expects this financial year.