Sony Lays off 900 PlayStation Employees; Shuts down London Division
PlayStation has amassed goodwill for its high-budget exclusives, so much so that they’ve formed a collective called PlayStation Studios. Unfortunately, it seems that no studio can ignore the pains of the current market situation. Now, it seems that Sony is joining the list of publishers laying off its employees.
The news came on 27 February 2024 when Sony Interactive EntertainmentCEO Jim Ryanshared it on the newsroomblog. The blog mentions900 peoplelosing their jobs. This is8% of the company’s total workforce. Furthermore, theSony London Studiowillshut downamidst the layoffs. Jim Ryan mentions that the decision was made to ensure the business growth and development of the company for the future.
Over on X (formerly Twitter), Jim Ryan shared the unfortunate news through a post. He took sole responsibility for the workforce reduction. He further reiterated that no one in the top-level management was responsible for this.Sad news today: I, alone, made the decision to reduce the workforce of SIE.Please note that despite what you can read below, nobody in the top level management is to blame for this but me. And my reasons were, I didn’t want to leave alone.Have at me!https://t.co/bxkQqshPA3— Jim Ryan SIE – almost authentic (@JimRyanSIE)February 27, 2024
Sad news today: I, alone, made the decision to reduce the workforce of SIE.Please note that despite what you can read below, nobody in the top level management is to blame for this but me. And my reasons were, I didn’t want to leave alone.Have at me!https://t.co/bxkQqshPA3— Jim Ryan SIE – almost authentic (@JimRyanSIE)February 27, 2024
Studios like Naughty Dog, Insomniac Games, and Guerilla Games have also been impacted. According to the Bloomberg report, around40 employeeswill get cut off from Guerilla Games. Furthermore, PlayStation has started canceling multiple in-development projects. Some of these include a Twisted Metal live-service game. This was in development by Firesprite Studios, one of the impacted development houses.
Our heart goes out to everyone affected by these layoffs at Sony, and we hope people affected can quickly get back on their feet. Unfortunately, an industry lauded for its record-breaking profits has some of the highest numbers of layoffs in the current year. And it seems it will worsen over the next couple of years.
What do you think about Sony’s decision? Let us know your thoughts in the comments below.
Sampad Banerjee
Meet Sampad, Beebom’s in-house video game enthusiast and writer. With two years of freelance experience, he has passionately crafted articles about the games he loves. You can find his writings on Sportskeeda, Gamingbolt, and GGTalks.
During work hours, he covers the latest gaming news, creates how-to guides, and occasionally shares video game reviews. In his free time, he enjoys building Gundam model kits, planning his next cosplay, and play his favorite RPG games.
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