Sony laying off 900 PlayStation employees, London Studio to close in its entirety

Sony is to lay off 900 people, equating to eight percent of its workforce. #video #gaming #playstation #sony #games

https://www.eurogamer.net/sony-laying-off-900-playstation-employees-london-studio-to-close-in-its-entirety

Sony laying off 900 PlayStation employees, London Studio to close in its entirety

Sony is to lay off 900 people, equating to eight percent of its workforce.

Eurogamer.net

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.

This is such bullshit corporate speak. In other words, in order to make our stock go up, we had to cut jobs, and lower the quality of our products, while doubling the work of those who haven’t been laid off.

And blame the job cuts on improvements made available through smart AI automations.

All for our stock to tick a bit higher and make a couple of more millions more as a bonus to our CEO.

This recent trend of cutting workforce in order to drive share prices even higher will most probably backfire at some point. I just hope those employees manage to find a better job.