Japanese anime, music and game company Marvelous Entertainment has asking for a number of its employees to retire. The exact number, according to Marvelous, is "in the range of 20" workers (about 17 percent).
Those who voluntarily retire between March 23 and April 3 will receive a special severance payment. Their retirement would commence on April 30.
This is the latest measure from Marvelous to curb costs. After this year's earning were down compared to last, the company reduced bonuses and cancelled large scale publicity events and overseas musical performances.