Connect with us

Hi, what are you looking for?

Fibonacci Tech News

Sony is laying off 900 PlayStation employees

Illustration by Alex Castro / The Verge

Sony says it’s laying off around 900 employees of its PlayStation division, a reduction of its global headcount of around 8 percent. Sony’s layoffs will impact a variety of its PlayStation studios, including Insomniac Games, Naughty Dog, Guerrilla Games, and Firesprite. Sony’s layoffs are the latest in a wave that has been impacting the gaming and tech industries throughout 2024.

“We have made the extremely hard decision to announce our plan to commence a reduction of our overall headcount globally by about 8 percent or about 900 people, subject to local law and consultation processes,” says PlayStation chief Jim Ryan. “Employees across the globe, including our studios, are impacted.”

Several PlayStation studios are affected, with Sony…

Continue reading…

You May Also Like

Fibonacci Stock News

In the previous technical note, it was categorically mentioned that while the markets may attempt to inch higher, they may not form anything beyond...

Fibonacci Investing News

Chris Edwards Many American cities need more low‐​income housing, but governments reduce supply and raise construction costs with regulations, taxes, and bureaucracy. The Wall...

Fibonacci Tech News

Illustration by Alex Castro / The Verge The question of who gets to regulate crypto has some answers, as a judge has ruled the...

Fibonacci Tech News

Image: Brazil Climate Summit At the moment I arrived at the Brazil Climate Summit event, it felt like home to me. As I opened...