PlayStation laying off 900 people, closing London Studio entirely

All regions and several studios, including Naughty Dog and Insomniac, impacted

By Nicole Carpenter
Feb 27, 2024, 9:10am EST

8% reduction in force

https://www.polygon.com/24084509/playstation-layoff-900-workers-feb-2024

#Sony #PlayStation #layoff

PlayStation laying off 900 people, closing London Studio entirely

All regions and several PlayStation studios, including Naughty Dog and Insomniac, are impacted by the drastic cuts, according to CEO Jim Ryan.

Polygon

In contrast to the layoffs at PlayStation (my former employer):

"Nintendo CEO once halved his salary to prevent layoffs, and it worked—why that’s so uncommon today"

Published Tue, Feb 13 20248:45 AM ESTUpdated Tue, Feb 13 20249:45 AM EST
by Ashton Jackson

https://www.cnbc.com/2024/02/13/nintendo-ceo-once-halved-salary-to-prevent-layoffs-why-thats-uncommon.html

Yes, management makes all the difference.

#VideoGames #TechNews #layoffs #managememt

Nintendo CEO once halved his salary to prevent layoffs, and it worked—why that's so uncommon today

Nintendo's CEO once took a 50% pay cut to avoid layoffs. Here's why it worked for the video game company, says expert — and why it's not always a perfect fix.

CNBC

"EA to lay off 5% of workforce, or about 670 employees"

PUBLISHED WED, FEB 28 20244:10 PM EST
by Alex Koller

https://www.cnbc.com/2024/02/28/ea-layoffs-company-to-cut-5percent-of-workforce-or-about-670-employees.html

#ElectronicArts #VideoGame #layoff #layoffs2024

EA to lay off 5% of workforce, or about 670 employees

EA's announcement marks the latest round of layoffs among video game companies in recent months.

CNBC