Sony plans to reduce its staff by around 8%, or about 900 employees, in its PlayStation division as part of recent cutbacks within the technology and gaming industry.

Sony stated that changes in the industry led to the restructuring.

Sony Interactive Entertainment CEO Jim Ryan stated in a recent blog post that the industry has transformed significantly and it is crucial for them to prepare for the future and adapt to upcoming changes. There is a need to meet the expectations of developers and gamers while also driving advancements in gaming technology. As a result, they took a moment to reevaluate their approach and ensure that they are well-positioned to provide the community with exceptional gaming experiences.

Microsoft announced layoffs on Tuesday, one month following their acquisition of Activision Blizzard. Additionally, on January, Riot Games, the creators of the popular game “League of Legends,” announced a staff reduction of 11%.

Layoffs will take place in North and South America, Japan, Europe, the Middle East, Africa, and the Asia Pacific area.

Sony Interactive Entertainment has announced that the PlayStation Studio in London will be shutting down and that staff at Firesprite studio will also be facing cuts. The company has further stated that there will be downsizing in different roles throughout their operations in the U.K.

Employees affected will receive severance benefits.

Ryan stated that even though the current situation is difficult, it does not reflect weakness within our company, brand, or industry. Our aim is to remain flexible and capable of adjusting, and to prioritize providing exceptional gaming experiences both presently and in the future.

Source: wral.com