Sony’s Decision to Lay Off
Sony Interactive Entertainment has announced a significant restructuring of its PlayStation division. The decision, driven by the evolving landscape of the videogame industry, will result in the layoff of approximately 900 employees and the closure of the London Studio. CEO Jim Ryan stated that these changes are necessary for the company to meet the expectations of developers and gamers, and to continue driving innovation in gaming technology. Despite the layoffs, Sony remains committed to delivering the best gaming experiences possible, now and in the future. This move reflects Sony’s adaptability in the face of industry changes.
Sony fires around 8 per cent Playstation Employees impacting 900 jobs
In a move that has sent shockwaves through the video game industry, Sony announced on February 27, 2024, a significant restructuring of its PlayStation division. The company plans to lay off approximately 900 employees and close its London Studio. This decision comes amidst a challenging economic climate and a slowdown in the post-pandemic gaming market.