Looks like Sega is shifting towards a more mobile and PC focus. I imagine they'll still do games like Sonic, Alien, Project Diva, and a few other titles but for the most part it looks like they are finally shifting away from consoles. Sad to see them go but they kind of dug themselves in this hole for around 20 years with mistake after mistake. Still sad though.
http://www.gamespot.com/articles/sega-to-axe-300-jobs-as-focus-turns-to-pc-and-mobi/1100-6424996/
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They better not cease to make OutRun, that game is fun!