Follow us on Google News
Get the latest updates directly in your Google News feed
Sad news has been announced today by Sony Interactive Enterprises, as over 900 employees have been laid off from numerous PlayStation-based companies. Along with these layoffs, there are even studio closures that are affecting the gaming industry.
Unfortunately, this isn’t the first time that the gaming industry has dealt with layoffs in recent months, and we can only hope that it is the last. What makes these layoffs even worse is the fact that for some employees, they aren’t just losing a job; they are losing their entire lives, all for the bottom line of a company they have spent years working for.
Along With the 900 Employees Who Have Lost Their Jobs, Entire Studios Like Playstation Studio’s London Studios Have Closed Down
According to the recent announcement from SIE, around 8%, or equal to 900 employees, are being reduced from the overall headcount globally for SIE. In terms of a worldwide company, this may not seem like a big number, but in the gaming industry, even losing 5 employees could mean the difference between a studio closing down or the failure of a company.
After the Success of the TV Show a New Twisted Metal Game Was in Development, and Now it’s Not Thanks to PlayStation’s Layoffs
What makes this announcement so much worse is the fact that the London Studio forPlayStation Studio’swill now be shut down, costing hundreds of employees their jobs. So far, there hasn’t been an exact number released to the public about how many members of staff globally have been removed from each studio.
Some employees from thePlayStation Studio’s London Studiohave already begun posting on Twitter/X explaining how much this decision from the CEOs will affect their lives, as there are those who were originally working in the London Studio on a work visa who could be at risk of even being deported if they cannot find another job quick enough.
This is a nightmare for a person with a work visa. My wife is also a dependent and will get fired because her visa will expire as well.I have no idea what to do now.https://t.co/xRs1Uq1zfR
If this continues, we could be looking at dozens more studios around the world closing down along with the London Studio, but unfortunately, this is the ugliest side of the gaming industry, and it’s the everyday person, not the billionaire CEO, that suffers. It’s those people we feel sorry for.
Playstation and Xbox Aren’t the Only Companies Issuing These Massive Layoffs, and They Won’t Be the Last
When it comes to the gaming industry layoffs that are occurring more and more often over the past few months, we can only think about what is causing these layoffs and how major companies and studios like PlayStation, Xbox, Naughty Dog, Insomniac Games, and so many more are currently downsizing to fit the needs of the company rather than the needs of the staff.
PlayStation Confirm Cancellation of Some Massive Projects Ahead of 900 Employees being Laid Off
As the gaming industry grows and gamers are looking for bigger and better experiences, each company has to work so much harder to bring gamers what they want rather than what is possible. This leads to companies spending millions on a game that could take years to develop and ultimately bomb due to gamers having a more refined palette these days.
This puts a lot of pressure on the gaming industry as a whole and will ultimately cause companies like PlayStation and Xbox to reduce their staff to make more money available, as it will attempt to pump that money into a project to attempt to improve it.
What do you think about these unfortunate layoffs within Sony Interactive Enterprises? What company do you think will have layoffs next? Let us know in the comments what you think!
Liam Magee
Gaming Writer/Editor
Articles Published :534
Liam is a writer who loves to spend his time gaming, streaming, playing board games, and just talking about games in general. He will play pretty much any game you put in front of him, but he absolutely loves soul-like games the most, or anything story-driven.
More from Liam Magee
Elgato’s Neo Reveal is Enough to Revolutionize the Streaming Scene
Corsair’s Call of Duty Collab Will Make Everyone Take Notice
5 Times Veteran Devs Proved They Weren’t a One Trick Pony With Genre-Breaking Switchups
Recommended
‘The Serial Killer’s Apprentice’: How Dean Corll Was Murdered by His Own “Friend”
Is Apple TV+’s Carême Renewed for Season 2? Details Inside
Chris Pratt Thriller Dominates Global Streaming Amid Pro-RFK Jr Stance
“Oh I f**king love her”: Margaret Qualley’s Dad Made an Aubrey Plaza Confession That Stunned Her
Gen V Season 2: Total Episodes and Finale Date Revealed
We Were Liars Season 1 Ending Explained: Who Does Cadence Accidentally Kill?
MicrosoftNaughty DogPlayStationSonyXbox
