Sony Plans to Cut 900 PlayStation Jobs, Equaling 8% of its Worldwide Staff
Sony announces layoffs within its PlayStation division, affecting 900 employees, or about 8% of its workforce.
Sony Interactive Entertainment CEO, Jim Ryan, cites the need for changes to sustain growth and enhance the company's development.
Ryan emphasizes the goal of ensuring long-term sustainability and delivering top-notch experiences for the gaming community.
The restructuring aims to streamline resources for continued success and to meet expectations of gamers and creators.
The notification process for impacted employees will vary across different countries, with transparency being a priority.
Major manufacturing countries such as the United States, United Kingdom, and Japan are particularly affected by the layoffs.
PlayStation Studios’ London Studio will shut down entirely, while other studios and functions in the UK will see reductions.
In Japan, a next career support program will be implemented for affected employees.
The layoffs echo a similar move by Xbox, which also reduced its workforce by 8%, particularly after Microsoft's acquisition of Activision Blizzard.
Microsoft's plan to lay off 1,900 employees is part of a larger strategy to streamline operations and minimize areas of overlap following the acquisition.