Taking up distribution responsibilities in lieu of Sega is Koch Media, parent company of Dead Island publisher Deep Silver, who will handle things in Germany, Switzerland, Austria, France, and Spain. Handling Benelux and Australia are Level03 Distribution and 5 Star Games, while Sega's London office will remain open in an oversight capacity.
Sega Europe COO Jurgen Post reconfirmed Sega's commitment to its core IPs in the announcement. "SEGA is entering a new and exciting phase that will position the company as a content led organisation maximising sales with strong and balanced IP such as Sonic the Hedgehog, Total War, Football Manager and the Aliens franchise." He also noted Sega's "confident that this will lead to a successful future."
It's at this time unclear how many Sega employees were let go in today's office closures, but we've reached out to the company for more info.