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PlayStation maker Sony Interactive Entertainment will lay off 900 people from its workforce, according to a news release from the company's president and CEO, Jim Ryan.
In 2016, Sony moved PlayStation, Sony's biggest brand by revenue, to the United States. [13] The largest acquisition by Sony Corporation was American video game company Bungie for $3.7 billion in 2022. [14] The PlayStation 4 was the most profitable console ever, selling over 117 million units, making it the fourth best-selling console of all ...
In 2022, Sony stated half of its first-party PlayStation Studios games will be on personal computers (PC) and mobile by 2025. [9] In August 2022, SIE announced the formation of the PlayStation Studios Mobile Division, alongside the acquisition of the company's first mobile development team, Savage Game Studios, [ 10 ] later renamed Neon Koi.
Including major job cuts from Embracer Group, Unity Technologies, Microsoft Gaming, Electronic Arts, Sony Interactive Entertainment, Epic Games, Take-Two Interactive, Ubisoft, Sega, and Riot Games. The layoffs caused several video games to be canceled, video game studios to be shut down or divested from their parent company, and thousands of ...
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The layoff plans come two weeks after Sony lowered the sales forecast for the PlayStation 5 for the current fiscal year, saying it now expects to sell 21 million units—a 16% reduction from its ...