[2024-02-27] PlayStation Cancels Live Service Games, Closes Studio, Layoffs For 900 Employees

MysticShow more

PlayStation Cancels Live Service Games, Closes Studio, Layoffs For 900 Employees

Tuesday, February 27, 2024

#PS5, #PlayStation5, #Sony

It's a tough day in the PlayStation landscape, as SIE confirms they will reduce their workforce by about 8%, or 900 staff. Sony also says they'll be canceling several games across PS Studios, and closing down London Studio. Only two months into 2024 and the games industry has been brutal, with layoffs now in the thousands. Sony wasn't going to be isolated from the growing pressure of generating healthy returns and growth for shareholders, and now the consequences have arrived. Let's discuss the news and what it might mean long term.

► Join this channel to get access to perks:

https://www.youtube.com/channel/UCPUjf6TfExQ-hOn51bklHcw/join

► Support the channel on Patreon! Every amount helps and keeps product placement off the channel.

https://www.patreon.com/MysticRyan

► PS5 Compatible SSDs and Heatsinks:
https://www.amazon.com/shop/mysticryan/list/2BK61VCV1R6A8

► My YouTube Equipment, Gaming Accessories, and Recommendations:
https://www.amazon.com/shop/mysticryan

As an Amazon Associate, I earn a commission on qualifying purchases

Follow Me Places:
► Twitter: http://www.twitter.com/MysticRyan
► Twitch: http://www.twitch.tv/MysticRB
► Instagram: https://instagram.com/mysticryan/

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

Outro song ‘I dunno’ by Grapes:
http://ccmixter.org/files/grapes/16626

Music by Ryan Little:

https://www.youtube.com/user/TheR4C2010/featured

Music by Myrd Schenk:

https://www.youtube.com/channel/UC5S2EOT0BLgXWVqevBnaxrg

#sony, #jobs, #layoffs, #unemploymet, #recession, #depression, #PS5, #PlayStation5, #games, #gamedevelopers

https://www.youtube.com/watch?v=X8rPsl96m8Y

--------------------------------------------------------------------------------------

My Affiliate pages and products:
Pinterest:
https://www.pinterest.com/ninjaman1994/
Twitter:
https://twitter.com/ninjaman1994
My Referral URL Rumble Link
https://rumble.com/register/ninjaman1994/
My YouTube Channel
https://www.youtube.com/@iem2011ee616
My Odysee Channel - Promoting Various Products Online & Side Hustle Ideas, ETC.
https://odysee.com/@ninjaman1994:8
My Click-A-Snap Account
https://www.clickasnap.com/jiraiya1988
* Word Search Puzzles For Everyone Over 350+ Cities and Towns in Alabama
https://amzn.to/3I7zpOb
* Sudoku Puzzles for Everyone: June 2022
https://amzn.to/3hPsjDs
* 2022 Word Search Puzzles for All Ages Paperback - May 2022
https://amzn.to/3WsmEC9
* iMax IPTV
https://imaxiptv.com/billing/aff.php?aff=44