OAN’s James Myers
8:24am – Tuesday, February 27, 2024
Video game and technology giant Sony has announced major layoffs.
advertisement
PlayStation maker Sony Interactive Entertainment announced it will lay off 900 employees, according to a Tuesday news release from company president and CEO Jim Ryan.
These layoffs will result in Sony reducing its workforce by 8%.
“My management team and I have made the very difficult decision to restructure our business, which unfortunately includes reducing our workforce,” Ryan said in an email to staff on Tuesday. “This will impact some of the most talented people who have contributed to our success.”
“They are incredibly talented people who have contributed to our success and we are extremely grateful for their contributions. However, the industry has changed significantly and we must prepare their businesses for the future,” he added. “We need to meet the expectations of developers and gamers and continue to drive future technology in gaming, so we are taking a step back to ensure we are ready to continue providing the best gaming experience to our community. Did.”
Additionally, Sony has proposed the idea of closing its London studio “completely.”
PlayStation becomes the latest company in the video game space to announce mass layoffs.
On Monday, video game developer Supermassive Games also announced layoffs. Last month, Microsoft announced it would cut about 1,900 employees.
In addition, thousands of jobs were cut in the video game division in 2023, with an estimated 6,500 employees being laid off.
However, a Sony Interactive Entertainment spokesperson said the company will recover from the brutal layoffs.
“Through this, we aim to become a stronger and more resilient organization,” the spokesperson said.
Stay informed. Receive breaking news directly to your inbox for free. Subscribe here. https://www.oann.com/alerts
Please share this post!
