News article overviewNintendo Switch games overviewPlayStation 5 games overviewAll games overviewRead our Reviews
cover image $news_headline

PlayStation to Lay Off 900 Workers, Shutting Down London Studio

Feb 27, 2024 2:00 PM

PlayStation recently made a significant announcement regarding staff layoffs, revealing plans to let go of approximately 900 employees. This decision will see a headcount reduction of about 8% across PlayStation's global operations, impacting several internal game studios. London Studio, a PlayStation-owned developer, facing complete closure. These changes come after similar layoffs in the industry, such as those at Microsoft and Supermassive Games. Sony Interactive Entertainment's President Jim Ryan commented on the difficult choice, citing the need to adapt to the rapidly evolving industry and prepare for the future. Affected staff will receive severance benefits and support. Further updates are expected as the story develops.

Why is PlayStation laying off so many employees?

PlayStation is laying off employees as part of a strategic move to reduce its global headcount by 8%, amounting to around 900 staff members. This is being done to align the business with the changing landscape of the gaming industry and ensure it is prepared for future challenges and opportunities.

Since its inception, Sony's PlayStation has been a prominent name in the video gaming industry, introducing various generations of consoles, including the PlayStation 4 and the latest PlayStation 5. With a strong portfolio of first-party game studios like Naughty Dog, creators of the critically acclaimed "The Last of Us" series, and Insomniac Games, known for "Spider-Man," PlayStation has consistently delivered blockbuster gaming experiences. However, the industry is highly dynamic, and even major players like Sony must adapt to new trends, technological advances, and changes in consumer behavior to remain competitive.



Jordan Keats avatar
Written by:

Jordan Keats

Jordan Keats is a former professional gamer turned journalist, whose competitive background gives them a unique perspective on esports and multiplayer games. Jordan's expertise in strategy and game mechanics is unmatched, offering readers a deeper understing.

Read more articles from: Jordan Keats

Follow us

Login or register to join the conversation
Mr. Bison Mr. Bison commented on: 2024-02-27 14:30:03
It's a shame to hear about the staff layoffs at PlayStation, especially with the potential closure of London Studio. The gaming industry's constant evolution seems to be driving these tough decisions lately, and it's a reminder of how challenging the landscape can be for both developers and publishers.
Sephiroth Sephiroth commented on: 2024-02-27 14:24:02
Man, it's tough to hear about the layoffs at PlayStation. The gaming industry is always evolving, and even big names have to make tough decisions to stay ahead. Hopefully, those affected will find new opportunities in the industry soon.
N3rdo N3rdo commented on: 2024-02-27 14:12:02
It's tough to see so many people impacted by the recent staff layoffs at PlayStation. Gaming industry changes are always a mixture of challenge and opportunity, and it's clear that even major players like Sony must constantly adapt to remain competitive.
See the complete videogame news list