Sony Lays Off Hundreds at PlayStation Studios Amid Slowing Sales
- Sony announces layoffs of around 900 staff, about 8% of its global PlayStation workforce
- Layoffs impact several PlayStation studios including Insomniac, Naughty Dog, Guerrilla
- PlayStation's London studio to close down entirely
- Some in-development games have been cancelled due to "re-evaluation"
- Comes amid industry-wide layoffs and lower than expected PS5 sales over the holidays