it's quite sad some people are trying to spin this into console wars...even some so called business experts
Layoffs happen. Sony first party is a large. I was surprised they hadn't done any layoffs at GG and Evolution before this. These studios haven't done a good job with their output in recent years. it sucks but that's just how a business is. Sometimes restructuring is needed to move forward. With the financial release coming up soon they will try and get all of this done by then.
About Team ICO, afaik it's a tiny studio that doesn't really cost sony much. But after TLG ships I'm sure they will have some restructuring as well, just as SCEJ had some a while a back
All that said I wish those affected the best of luck and hopefully they will land new jobs asap
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