Sony Interactive Entertainment lays off 900 staff - briefly
(hx) 03:00 PM CET - Feb,28 2024
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Sony becomes the latest company to announce layoffs stating that it will make cuts to its PlayStation division. In the announcement, sent out on Tuesday Feb. 27, the gaming company said that it will lay off 900 employees, about 8% of its workforce, across several of the company's locations.
- The layoffs amount to around 8% of Sony Interactive Entertainment’s workforce, and will impact employees across all of the company’s regions, according to Sony Interactive Entertainment CEO Jim Ryan.
- Some of the company’s biggest gaming studios are affected—including Insomniac Games and Naughty Dog, developers of hit games “Spider-Man” and “The Last of Us,” respectively.
- In an email to staff, Ryan said the cuts were the result of discussions about “the evolving economic landscape, changes in the way we develop, distribute, and launch products, and ensuring our organization is future ready in this rapidly changing industry.”
The company pledged that “affected employees will receive support, including severance benefits,” Ryan said.
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Updated:10:44 AM CEST Sep,20
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