
Herman Hulst writes: Today, Sony Interactive Entertainment initiated a reduction in our workforce – including within PlayStation Studios – and I wanted to talk about the impact that will have.
These decisions have been extremely difficult, but they are necessary, and I think it’s important to be transparent:
The US based studios and groups impacted by a reduction in workforce are:
Insomniac Games, Naughty Dog, as well as our Technology, Creative, and Support teams
In UK and European based studios, it is proposed:
That PlayStation Studios’ London Studio will close in its entirety;
That there will be reductions in Guerrilla and Firesprite

Microsoft announced its financial results for Q3 of fiscal year 2026, including an update on its gaming Xbox business and more.
Not looking good. Hopefully Asha Sharma is able to turn Phil’s disaster around.
To me it's still quite remarkable how they can cash-in 5.3bn in revenue in a single quarter, since their hardware is basically dead.

Spiders: "We're going to cut straight to the chase so you're not left wondering: After a long period without clear answers, we have received confirmation that Spiders is being liquidated.
What does it mean? This means the company as a whole no longer exists. We'll cease our functions immediately. The planned DLC will release via Nacon, and then-- well, that's it.
We're sorry that it's come to this and would like to thank each and every one of you for your support over the years.
If you have any questions or run into issues with your games, please contact Nacon directly as we'll no longer be able to reply."

Today, Koei Tecmo announced its financial results for the full fiscal year 2025, related to the period between April 2025 and March 2026.
PlayStation employed 8,000 people as of August 2023, which meant that 11.25% (900) of the employees had been laid off.
London Studio complete closure is devastating to hear. I was hoping for a Blood & Truth 2 on PSVR2, or at least a Remaster....part 1 was sooo good! :(
It's gutting that employees are getting laid of. It's everywhere all for the sake of higher ups keeping their dollars 😭.
Yikes 😩 more industry layoffs.