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

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

  • ampersandrew@kbin.social
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    8 months ago

    On a Game Mess Mornings (yesterday, I think?) it was something like $600M profit on a $7B investment, which are some thin margins, and things are trending in the other direction, which means it’s not sustainable. Anyone looking at $300M budgets for a Spider-Man game and $200M for Horizon could wager a guess that it’s not sustainable. The blame still lies at the feet of Sony for stretching themselves so thin in the first place and then axing these people who potentially uprooted their lives to take these jobs, but it doesn’t make sense to keep throwing money at things like PSVR2 games or live service schemes that won’t make their money back.

    • NocturnalMorning@lemmy.world
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      8 months ago

      Maybe they should stop budgeting so much for video games. Nobody is forcing them to make everything 4k graphic open world games where you can do anything you want.