A social game called The Magical Girl Raising Project allows one in tens of thousands of people to be a "magical girl" — possessing extraordinary physical capabilities and looks, as well as special magical powers that set them apart from the rest of the human race. But one day, in a district containing 16 magical girls, the administration announces that it must halve the number of magical girls to solve the problem of magical energy. 

(Source: Anime News Network)

Sugar and spice--but not playing nice!
 
The hit smartphone game Magical Girl Raising Project is not only free, but one in tens of thousands of players will win real-life powers. In N City, sixteen of these lucky girls help the city's citizens--until upper management announces that each week, the least productive magical girl will lose her gifts. But this is no ordinary contest, and as the rules become increasingly sadistic, the competition to keep their powers becomes a vicious battle for the girls' very lives...
 
(Source: Yen Press)

Sugar and spice--but not playing nice! The manga based on the hit novel series!

Magical girls like Snow White and La Pucelle have dreamed of the day they'd become one of the lucky few chosen to protect N City. But their dreams quickly turn into a nightmare when the Magical Girl Raising Project Management Office issues a decree--there are simply TOO MANY magical girls! Oops! Time to cull the number by...half? Half sounds good. Don't worry, retirement just means...you die. Good luck, girls!
 
(Source: Yen Press)
 Chapter count includes chapter 5.5

A stage reading in the Magical Girl Raising Project franchise announced that an anime adaptation of Asari Endou's Magical Girl Raising Project Restart light novel volumes has been green-lit. Hiroyuki Hashimoto reported on Twitter that he will return from the first Magical Girl Raising Project anime as the director. The franchise's Twitter account also teased that various initiatives are in the works for "Project restart." 
(Source: Anime News Network)

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