PlayStation has issued over 900 layoffs this week, affecting several well-known studios.
These include the likes of Guerilla Games, the Horizon: Forbidden West developers, Insomniac Games who created the Marvel's Spider-Man games and Naughty Dog, known for The Last Of Us series.
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It’s reported that by this month in 2024, there have been over 7,000 layoffs so far, an alarming number and heartbreaking for those it has affected.
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In addition to this, the company has reportedly closed the entire London studio, which was tasked with creating PlayStation VR games.
Sony also confirmed several games have been cancelled as a result of the layoffs, one of which is rumoured to have been a Twisted Metal live-service game. The company said: “We looked at our studios and our portfolio, evaluating projects in various stages of development, and have decided that some of those projects will not move forward.”
The current PlayStation CEO, Jim Ryan, who'll be leaving the company in March provided a statement on the layoffs and closures, calling it a “hard decision.” He went on to say the ones leaving the company are “incredibly talented people” but “we need to future ready ourselves to set the business up for what lies ahead."
Ryan closed his statement by thanking the ones leaving, saying they have the “deepest respect and appreciation” from the company for all of their efforts. He also had a message for employees who weren't affected by the layoffs, saying their “resilience, sensitivity, and adaptiveness will be critical in the weeks and months to come.”
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It's currently unclear what PlayStation's plan for the future is, and why it was necessary to slash its workforce again. That being said, it's speculated that it might have something to do with the development of the next PlayStation console, as well as the next-gen games that'll be released for it. In an earnings call earlier this year Sony said the PS5 is in the latter stages of its life.
Topics: PlayStation, PlayStation 5, PlayStation 4, Sony