PlayStation to axe 900 jobs and close London studio

PlayStation, the popular gaming brand, has announced plans to cut 900 jobs and close its London studio as part of a major restructuring effort.

The move comes as PlayStation seeks to streamline its operations and focus on core gaming business areas. This decision will affect employees across various departments, including marketing, sales, and design.

As a result of the closures, the London studio will be shut down permanently, leading to job losses for its employees. PlayStation has stated that it will provide support and assistance to those affected by the restructuring.

This development is a significant shift for PlayStation, which has been a major player in the gaming industry for decades. The company has faced increasing competition from rivals and changing market dynamics, leading to the need for reorganization.

PlayStation has assured fans that this move will not impact its commitment to delivering high-quality gaming experiences and innovative products. The brand remains dedicated to its loyal customer base and will continue to invest in new projects and technologies.