“Massive Job Reduction: Sony to Cut 900 Positions in PlayStation Division”

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Sony is laying off around 900 employees in its PlayStation division, the company announced on Tuesday. The cuts will impact 8% of the division’s global workforce, as Sony becomes the latest company to announce major cuts in recent weeks and months. The layoffs come two weeks after Sony cut its sales forecast for the PlayStation 5 after warning of decreasing demand. Sony isn’t the only company in the gaming business to announce recent job cuts. Last month, Microsoft laid off 1,900 Activision Blizzard and Xbox employees and Unity laid off 25% of its workforce.