Layoffs at Evolution Studios, Guerrilla Cambridge & SCE London Studio

[celador]

VitroBahllee said:

pezus said:

VitroBahllee said:

How does this affect PS4 owners gaming though? (/Snark)

Make no mistake, if Sony weren't broke, they wouldn't be laying these people off. They might be hiring a few more people, but they are laying off way more than they are hiring. The hires might just be to make 90% of fans say 'They're not laying off tons of people, just letting go of the bad people and bringing in new people.'

Sony is in dire financial straits.

You don't know that...MS has closed multiple studios through the years and they have never been in any trouble. It's just a question of viability. 

Sony has shed 50% of its assets in the last 2 years. If they do that again in the next 2 years, there'll be nothing left.

Microsoft is worth more than it ever was, and has so much money they could make 300 Lord of the Rings triologies. Literally. I'm just saying, MS can close studios and the smart assumption would be that the studio is underperforming. Sony has laid off THOUSANDS AND THOUSANDS of people and sold billions of dollars worth of buildings and shuttered several divisions in the last few years, because they are short on money. I hope they can turn it around. Because right now they could win the console war and still need to sell off the Playstation brand and declare bankruptcy if things don't work out with their phones, etc.

@ Bolded - Really? Your comments on this and other threads have suggested otherwise