Sony has announced plans to cut about 900 jobs in its PlayStation division, which represents approximately 8% of its global workforce. This move comes as part of a broader trend in the technology and gaming sector, with several companies recently announcing layoffs.
The restructuring at Sony is attributed to significant changes within the industry. In a blog post, Sony Interactive Entertainment CEO Jim Ryan highlighted the need to adapt to the evolving landscape and position the business for future success. Ryan emphasized the importance of meeting the expectations of developers and gamers while driving innovation in gaming technology.
These job cuts follow similar actions by other industry players. Microsoft recently revealed its intention to reduce its workforce by nearly 2,000 employees following the acquisition of Activision Blizzard. Riot Games, the developer of 'League of Legends,' also announced layoffs affecting 11% of its staff earlier this year.
The layoffs at Sony will impact regions across the globe, including the Americas, Japan, Europe, the Middle East, Africa, and the Asia Pacific region. In London, the PlayStation Studio will be shut down entirely, and reductions will be made at Firesprite studio. Various functions within Sony Interactive Entertainment in the U.K. will also see workforce reductions.
A key aspect of Sony's approach to these layoffs is the provision of severance benefits to affected employees. Despite the challenges posed by these changes, Ryan emphasized that they do not reflect any weakness in the company, its brand, or the industry as a whole. Sony's focus remains on maintaining agility and adaptability to deliver exceptional gaming experiences both now and in the future.
