"Sony's Massive Layoffs: 900 Jobs Cut, London Studio Closed, and Projects Cancelled"

Sony's PlayStation division is laying off about 900 employees, closing its London studio, and canceling unannounced projects as part of a restructure to ensure long-term sustainability. This move impacts employees across SIE regions and various PlayStation studios, including Naughty Dog, Insomniac Games, and Guerrilla Games. Additionally, Life is Strange developer Deck Nine Games is cutting 20% of its staff due to worsening market conditions, while Supermassive Games is undergoing reorganization. These layoffs reflect a trend in the video game industry, with companies like Microsoft, Riot Games, and Embracer Group also letting go of staff in recent months.