PlayStation to axe 900 jobs and close London studio

It has been announced that PlayStation will be cutting 900 jobs and closing its London studio as part of a major restructuring effort. This news comes as a shock to many in the gaming industry, as PlayStation has been a key player in the market for years.

The decision to cut jobs and close the London studio is said to be a result of changing market conditions and a need to streamline operations. In a statement, PlayStation cited the need to focus on their core gaming business and prioritize resources accordingly.

Many employees at the London studio are understandably upset by the news, as they now face uncertain futures. However, PlayStation has promised to provide support and assistance to those affected by the layoffs.

Overall, this news signals a significant shift for PlayStation and is sure to have a ripple effect throughout the gaming industry. It remains to be seen how this restructuring will impact PlayStation’s future strategy and game development efforts.