Haha, agreed xD I wouldn't be surprised to find out that the entire Doom 4 development team frequent the forums.

Rest of this thread in a nutshell.
non-sony fanboys - "damage control, bullshit, dont believe it"
sony fanboys - "makes sense, logical, i understand"

both sides have no idea what so ever and are basically letting their fanboy nature steer the ship.

Devs shifts from studios all the time. It's not the end of the world, some go some will come. when needed.
It's not 1 person leaving that will destroy a whole studio ~

And currently theres alot going indie because of the pressure of AAA, and the strains they're on leaving them feeling empty, because they can't express their creativity. So, if they're there unhappy, better leave to something they can be happy with.
Not exclusive only to Sony. Theres devs that work on major publsihers and franchises leaving quite often.

For all the people that is saying this is no big deal ...if nintendo of America president Reggie =(Tretton)...miyamoto (head of software )=(naughty dog)and Sakarai(smash bros )=uncharted (creative directors) all left nintendo within a month or two and they lay off massive amount of people (thousands ) in a short period of time would anyone really think things are ok for nintendo ( lets say during a successful moment like when the wii was released and just like how Sony playstation 4 is successful at the moment) so fanboys take of them glasses and be honest with yourselves and see there is a problem going on with Sony .....this is not a coincidence ....also Sony is projected to lose 1.3 billion as a company ...this is reality things are not going well for Sony this is not just some oh I have better job opportunity or I reached my highest point in the company now I wanna leave moment ...Sony is in trouble

You can bet once The Last Guardian has been released Team ico will be fired in the minute.

Well it makes sense, and the amount of money spent on this new IP could really be that high. Because it's said Stig started this new project immediately following after God of War 3 released, so in 2010, 4 years of developement, of a new IP and 3 times rebooted which can mean started from a blank page again each times. This must have cost a lot !

Now lets say the game was at best average, if you were Sony after all these expenditures you would probably still try to bring out the game, with not much marketing, in the hope to still sell a bit and recover a part of your money.
Could still have made decent sales because of the curiousity of people to try a new IP and there are still people not looking too much at the reviews before buying a game nowadays.
Instead of that, they purely canceled it and all this work probably goes in the trash. It really tells you how bad this game was and probably still not finished neither.
Rather than make the same mistake than with TLG and other projects that they probably should have stopped way earlier they prefered this option, no more risks.

The transition may be painful, but trimming the fat is the best thing Sony can do right now. In the short term they're suffering, in the long term they'll be better off.

This the ''good" side of what happen the other is Sony don't have money to support those studios and they afraid the lay off and leave before is too late My thougths was between of two of them. Whatever THE F... is going on, the piont is happen what i afraid less exclusives this year on Sony E3. How bad the Stigs game was? a third person shooter mmo style with aliens? and cost 100ml and cancel three times? wtf? if this is reall this can put all SSM studios in danger! Also for Amy was quiet obvious, leaving from a sucssesfull studio because you don't agree whith others but what really she want for uncharted to become? i say we have see so many uncharted games maybe is good to change and became more open world. The Guerilla Cambridge i agree is happen in every studio to try to make o Vita game thats why Vita don't has games this year lol .The Zipper was Sony fault because according with developers Sony was socom 4 to be like cod and screw the funs on socom 2

Sony has a lot of momentum going for them thanks to the PS4. One way of keeping that momentum going is to streamline and cut off excessive baggage. Stig's new IP is a pure example of this. So much money was spent on the IP and the end result is its cancellation.

I also have another theory. In comparison to the PS3, the PS4 is much easier to code for and thus, it is no longer necessary to have such large staffs because of redundancies. PC games were so easy to port that it only took a few months and less than a dozen people to port them over to the PS4. Also, the time it takes for devs to optimize their game engines for the PS4 is only 1-2 months while it takes 6-12 months for the PS3.

Would love to know how profitable or unprofitable their software division is.. Think their ROi has been pretty bad..

The amount of fanboyism in this thread is laughable on both sides. E3 will show us where Sony currently stands, not blown up media nor comments from "insiders".

This certainly makes the most sense, and Sony seems to be making the right moves if this is true.  However if this means a lack of exclusive content for an E3 reveal, PS4 could lose momentum.  By no way would this be "doom and gloom", but it can negatively impact the NEAR future.  These changes are more long term payouts and we won't see positive effects till later down the line.