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Including major job cuts from Embracer Group, Unity Technologies, Microsoft Gaming, Electronic Arts, Sony Interactive Entertainment, Epic Games, Take-Two Interactive, Sumo Digital and Riot Games. The layoffs caused several video games to be canceled, video game studios to be shut down or divested from their parent company, and thousands of ...
Ex-Sony Entertainment president Chris Deering said laid-off employees should take time off. Deering said that he doesn't believe the recent Sony layoffs result from corporate greed.
The layoffs hitting the gaming industry are largely the result of a handful of trends coalescing. The chief overarching issue comes down to publishers and developers overspending throughout 2021 ...
Daybreak Game Company. Daybreak Game Company LLC is an American video game developer based in San Diego. The company was founded in December 1997 as Sony Online Entertainment, a subsidiary of Sony Computer Entertainment, but was spun off to an independent investor in February 2015 and renamed Daybreak Game Company.
Santa Monica Studio. Santa Monica Studio is an American video game developer based in Los Angeles. A first-party studio for Sony Interactive Entertainment, it is best known for developing the God of War series. The studio was founded in 1999 by Allan Becker and was located in Santa Monica, California, until relocating to Playa Vista in 2014.
Website. teamasobi.com. Team Asobi is a Japanese video game developer based in Tokyo. A first-party studio for Sony Interactive Entertainment, Team Asobi was originally formed in 2012 as part of Japan Studio, but formally spun off into an independent studio within Sony's PlayStation Studios in April 2021. It is best known for the Astro Bot series.
In the video game industry, 2024 saw many events including job losses extending from 2023, including large cuts from Microsoft Gaming, Electronic Arts, and Sony Interactive Entertainment, with over 10,000 jobs cut by May.
sonyinteractive.com. Sony Interactive Entertainment LLC (SIE) is an American video game and digital entertainment company, subsidiary of Sony Group Corporation. It primarily operates the PlayStation brand of video game consoles and products. It is also the world's largest company in the video game industry based on its equity investments.