When even PlayStation is laying off staff, what hope is there for the rest of the gaming industry?
People working in gaming must feel like they’re living through the end times right now. Over the past few months, cuts have torn through the industry: every week, another announcement of layoffs, from Riot, EA, Twitch and even Xbox.
And then, last week, more bad news: PlayStation announced it was cutting 900 jobs worldwide and completely shuttering (i.e. closing) its London offices. That’s about 8 per cent of its entire workforce – 8 per cent!
Those 900 people (and the smart money is on that number rising) will be joining an estimated 6,000 who find themselves recently unemployed across the gaming sector, and the news of PlayStation’s decision has come as a shock for many.
, by (which has, as of December 2023, shifted 50 million units, three times more than its main rival, the Xbox X/S). Its games – God of War, , Spider-Man 2 – are bona-fide award-winners.
