Social gaming company Gree offering buyouts to 200 employees

Struggling Japanese social gaming firm Gree is offering a “voluntary redundancy” plan to some of its employees, according to a document translated by market analyst Dr. Serkan Toto (via GamesIndustry International).

Gree is reportedly offering the plan — essentially buyouts and early retirement offers — to about 200 employees, which is 11 percent of its workforce, to reduce costs and boost profitability following a weak financial quarter.