PlayStation laying off 900 workers, closing PlayStation Studios London

kingthrillgore@lemmy.ml to Games@lemmy.world – 44 points –
PlayStation laying off 900 workers, closing PlayStation Studios London
polygon.com

According to Kotaku, we're well over last years head count in layoffs.

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Wait, this Sony?

Sony’s profits up thanks to rising sales of music, games, movies and sensors. https://www.msn.com/en-ie/news/national/sony-s-profits-up-thanks-to-rising-sales-of-music-games-movies-and-sensors/ar-BB1ifEUl

Yeah but as the shareholders get used to companies laying off workers to "cut costs", any company not doing it sees their shares tank. Which is Not Ok™️, so they keep firing people so the execs can pay themselves bigger and bigger bonuses over high stock prices.

And when they again need people, they'll whine about how no one wants to work for them. Or how workers are "taking advantage."