Sony Lays Off Hundreds in PlayStation Division, Closes London Studio amid Falling PS5 Sales
• Sony is laying off 900 employees, about 8% of its PlayStation division's global workforce • Sony is closing its London Studio game development studio • Cuts impact studios including Insomniac, Naughty Dog, Guerrilla & Firesprite • Some ongoing game projects will not be moving forward • Layoffs follow Sony cutting its PS5 sales forecast by 4 million units for the fiscal year