https://layoffcheck.com/companies/sony-interactive Layoff and WARN notices reported for Sony Interactive. en-us https://layoffcheck.com/companies/sony-interactive#2024-02 https://layoffcheck.com/companies/sony-interactive#2024-02-941 Tue, 27 Feb 2024 12:00:00 GMT Sony Interactive Entertainment announced on February 27, 2024 that it would cut approximately 900 positions, about 8% of its global PlayStation workforce, with the reductions spanning every region including the Americas, EMEA, Japan, and Asia-Pacific. London Studio, the team behind the competitive singing game SingStar, was closed entirely, and Firesprite faced significant cuts alongside unnamed studios elsewhere. President and CEO Jim Ryan told staff that "the industry has changed immensely" and that the company needed to "future ready ourselves to set the business up for what lies ahead," pointing to shifts in how games are developed, distributed, and launched. The announcement came shortly after Sony cut its PS5 sales forecast for the fiscal year. Affected employees were offered severance benefits, with implementation timelines varying by country to comply with local labor laws.