Sony to lay off 900 workers from PlayStation division, or 8% of unit's global workforce
Publishing timestamp: 2024-02-27 11:53:03
Summary
Sony Interactive Entertainment is laying off 900 employees in its PlayStation unit, with the closure of PlayStation's London studio and other studios being affected. This comes after the company cut its sales forecast for the PlayStation 5 console. The layoffs are part of a trend in the tech industry, with other companies like Microsoft, Cisco, and DocuSign also announcing workforce reductions.
Sentiment: NEGATIVE
Tickers: MSFT, DOCU, CSCO, SONY, 6758.T-JP,
Keywords: layoffs, sony group corp, business news, cisco systems inc, breaking news: technology, docusign inc, technology, microsoft corp,