Posted 2/27/2024, 2:53:23 PM
PlayStation Lays Off Hundreds, Shuts Down London Studio Amid Industry Downsizing
- PlayStation is laying off around 900 staff (8% of PlayStation division) across studios like Naughty Dog, Insomniac, and Guerrilla
- Entire London Studio that was working on a PS5 co-op game is shutting down
- Layoffs aimed at "streamlining resources" and "long-term sustainability" per PlayStation CEO Jim Ryan
- Some unannounced games still in development have been canceled as part of evaluation
- Comes amid industry-wide layoffs totaling over 7,000 so far this year, including 1,900 at Xbox in January