Gaming industry faces another blow as PlayStation announces major layoffs

PlayStation is set to lay off around 900 employees worldwide, marking the latest workforce reduction in the video game industry’s taxing 2024. The severance is to impact PlayStation Studios across all SIE regions, including the closure of the one based in London.

This marks the most recent blow in a challenging 2024 for the video game industry, which witnessed other major players and industry giants significantly downsizing their workforce earlier in the year. Notable names such as Riot Games and Microsoft-Blizzard were among those navigating through the difficult terrain of layoffs.

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