Sony will lose around 900 jobs in its PlayStation division, or approximately 8% of its global staff, making it the latest company in the technology and gaming sectors to announce layoffs.
Sony will lay off approximately 900 employees in its PlayStation division, or about 8% of its global staff, becoming the latest company in the technology and gaming sectors to do so.
Sony highlighted changes in the industry as the basis for reorganization.
“The industry has changed tremendously, and we need to future-proof ourselves to position the company for what lies ahead,” Sony Interactive Entertainment CEO Jim Ryan wrote on Tuesday. “We need to deliver on expectations from developers and gamers and continue to propel future technology in gaming, so we took a step back to ensure we are set up to continue bringing the best gaming experiences to the community.”
The layoffs on Tuesday come only one month after Microsoft announced plans to fire almost 2,000 employees following its acquisition of Activision Blizzard. Riot Games, the creator of the popular “League of Legends” multiplayer war game, said in January that it was laying off 11% of its employees.
The job layoffs will take place throughout the Americas, Japan, Europe, the Middle East, Africa, and the Asia-Pacific area.
The PlayStation Studio in London will close completely. Cuts will also be made at Firesprite Studios. Furthermore, Sony Interactive Entertainment in the United Kingdom will reduce staff in a variety of roles, according to the business.
Severance benefits will be paid to affected employees.
“While these are challenging times, it is not indicative of a lack of strength for our company, our brand, or our industry,” Ryan stated. “Our goal is to remain agile and adaptable and to continue to focus on delivering the best gaming experiences possible now and in the future.”
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