Sony lays off 900 workers from PlayStation division amid video game slump
Sony Interactive Entertainment said Tuesday it will cut about 900 jobs at its PlayStation division and close its London studio, as the video game industry struggles to recover from the post-pandemic downturn. The layoffs, which will affect about 8% of the division’s staff in regions ranging from the Americas to Asia, come days after Sony […]
PlayStation’s Sony To Cut 900 Jobs, As Layoffs Continue To Increase In Gaming Sector
(Photo by ROBYN BECK/AFP via Getty Images) OAN’s James Myers8:24am – 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. PlayStation layoffs impact Naughty […]
Sony Buys Stake In Michael Jackson’s Catalogue For $600 Million
Sony Music Group has signed a deal to acquire a 50% stake in Michael Jackson’s music catalog for $600 million, including both publishing and recorded masters, Billboard reported Friday. The acquisition was completed late last year. according to To billboard. This includes not only Jackson’s own songs, but also a collection of songs from other […]