Impact of PlayStation Job Cuts on the Video Game Industry
Sony’s PlayStation division is currently implementing job cuts, adding to the wave of high-profile layoffs in the video game sector. In 2024 alone, over 7,000 job cuts have been recorded in the industry. Journalist Jason Schreier from Bloomberg was the first to report on these layoffs, which have since been officially acknowledged by Sony in a blog post.
As part of these restructuring efforts, PlayStation is considering shutting down its London games studio, which was primarily involved in developing PlayStation VR games. Job reductions are also anticipated at other Sony studios, such as Firesprite, Insomniac Games, Naughty Dog, and Guerrilla. Furthermore, PlayStation’s technology, creative, and support teams will also feel the impact of these changes.
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