https://sonyinteractive.com/en/news/blog/difficult-news-about-our-workforce/?sf271923331=1

Summary

-900 laid off, or 8% of their total workforce

-All regions effected by the layoffs

-In the UK, where they are required by law to tell people about the layoffs ahead of time, Sony London Studio will be closed entirely, while Firesprite will see layoffs as well

-Affected US employees will be notified today

-In Japan, Sony will begin their next career support program for those affected

Very sad news, hope they find a new role.

This is a pretty telling statement. $200-$300 million budgets for every major release was not as sustainable as some would lead you to believe. 

They seem pretty set on increasing their output on PC as well. Mobile, we still have yet to see what Sony plans on doing. 

It's sad that it comes down to this. 

Unsustainable buisness hits a wall and people at the bottom suffers from the direction this industry is willing to go once again ...

MEDIA MOLECULE SURVIVES!

Sad about London Studio.

That's a significant reduction from Sony PlayStation.

Wonder if this will impact any potential acquisitions (Arrowhead Games)?

I dinged MS for their job cuts so I will metaphorically spit on Sony as well.

*Gives Nintendo a cookie*

For now. The new CEO, the one that audibly does not like PS's profit margins, doesn't take over for another month. 

If he still doesn't like how things look, more layoffs/closures may be on the way.

There's already several unannounced projects cancelled as well. 

Oh dang, London Studio apparently held a farewell party for Jim Ryan just a few days ago. Meanwhile one of his final acts as head of Playstation was to shut down London Studio.

Big budget titles need to be released day 1 on ps, Xbox and PC. Too expensive otherwise.

Totoki already seems somewhat involved with SIE.

Pretty messed up frankly. 

Reading that statement above, I think Sony launching all first party games day and date on PC is basically inevitable at this point and will probably happen sometime in the next 3-5 years. SIE leadership is clearly looking everywhere for additional revenue streams