Sony has secured the complete Final Fantasy 7 remake trilogy as a console exclusive.
27.02.2024 - 14:34 / techcrunch.com / Jim Ryan / Hermen Hulst / Sony
Sony is laying off around 900 employees in its PlayStation division, the company announced on Tuesday. The cuts will impact 8% of the division’s global workforce, as Sony becomes the latest company to announce major cuts in recent weeks and months. Sony also announced that it will be closing its London Studio in the U.K.
“After careful consideration and many leadership discussions over several months, it has become clear changes need to be made to continue to grow the business and develop the company,” said PlayStation chief Jim Ryan in a note to employees. “We had to step back, look at our business holistically, and move forward focusing on the long-term sustainability of the company and delivering the best experiences possible for our community.”
In a seperate post, head of PlayStation Studios Hermen Hulst said the company’s Insomniac Games, Naughty Dog, Guerrilla and Firesprite studios will be impacted, and that the cuts will affect employees across the Americas, Japan, and EMEA and APAC regions.
This story is developing…
Sony has secured the complete Final Fantasy 7 remake trilogy as a console exclusive.
Sony Interactive Entertainment has announced a PC version of Ghost of Tsushima Director’s Cut.
It sounds like all is not well at Sony studio Firesprite, which the platform holder acquired in 2021. Despite moving into expensive new digs in its home city of Liverpool, a Eurogamer report paints an extremely grim picture of the outfit, which is allegedly bleeding staff and lost its managing director Graeme Ankers suddenly last May.
It should have been a victorious few weeks for Sony Group Corp.'s PlayStation 5. Final Fantasy VII Rebirth, arguably the console's first must-have exclusive title, has been released to rave reviews. Microsoft Corp. has just announced it will allow games previously exclusive to its Xbox machine on rival platforms, tantamount to an admission of defeat in the console wars. And reports swirled that a successor to Nintendo Co.'s Switch is still more than a year away.
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Japan's Sony is cutting about 900 jobs at its PlayStation unit and shutting a studio in London, it said on Tuesday as the videogame industry struggles to recover from a post-pandemic slump.
Anyone working in the video game industry must feel as if they have a target painted on their back. 2023 saw at least 6000 people lose their jobs and 2024 is somehow looking much worse. January saw Microsoft sack 9000 people, there’s been a raft of smaller studio closures and staff cuts. Now Sony has joined this miserable party, handing 900 PlayStation workers their notices across the company.
Another day, another videogame company jettisoning a large number of people "who have contributed to our success" so as to position themselves for growth in the face of "challenging times". Today it's Sony's turn with the axe: the PlayStation publisher have announced plans to reduce their global workforce by about 8% or 900 people, so as "to future ready ourselves to set the business up for what lies ahead", in the words of outgoing president and CEO Jim Ryan.
Sony Interactive Entertainment has announced today that the corporation will cut around 8% of its workforce, or more than 900 jobs. Also, in the announcement, they stated that PlayStation Studios London will be closing.
Sony Interactive Entertainment is laying off around 900 workers, or 8% of the company, outgoing president and CEO Jim Ryan said in a news release published on Tuesday. Employees from all regions — North America; Europe, the Middle East, and Africa; Japan; and Asia-Pacific — are impacted by the cuts, including several PlayStation development studios. London Studio, the in-house team that created the SingStar series, will close entirely, Ryan said.
Sony is to lay off 900 people, equating to eight percent of its workforce. This reduction will see PlayStation Studios' London Studio close in its entirety, plus reductions made within Sony's Firesprite studio. There will also be reductions in various functions across SIE in the UK
Sony is the latest company in the video game industry to announce massive layoffs in 2024. We’ve learned that Sony Interactive Entertainment is letting go of about 900 people across several studios; PlayStation’s London Studio will shut down as a result.