PlayStation announces plans to lay off 900 people, will close London Studio

PlayStation has announced plans to lay off 900 people from its global workforce, as part of a reduction of the company's overall headcount by 8%. Several PlayStation-owned studios - including Insomniac Games, Naughty Dog, and Guerilla Games - will be affected, with PlayStation Studios' London Studio set to be closed entirely.

This news is the latest to break in what's been a terrible year for games industry layoffs so far, with Microsoft having laid off 1,900 staff from its video game division in late January, and Until Dawn developer Supermassive Games having joined an ever-growing list of individual studios letting staff go just yesterday.

In a blog post on Sony Interactive Entertainment's website, SIE President & CEO Jim Ryan confirmed: "We have made the extremely hard decision to announce our plan to commence a reduction of our overall headcount globally by about 8% or about 900 people, subject to local law and consultation processes. Employees across the globe, including our studios, are impacted."

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