Sony Lays Off 900 Workers After Warning Of Fall In PlayStation Sales

Calling it "sad news," PlayStation chief Jim Ryan said that the reduction would affect 900 people across the globe, including video-game making studios.

Sony PlayStation on Tuesday said it was laying off eight percent of its global workforce, as the tech industry continues to suffer a wave of job cuts.

Calling it "sad news," PlayStation chief Jim Ryan said that the reduction would affect 900 people across the globe, including video-game making studios.

The cuts would see the company's PlayStation London studio, which was founded in 2002 and specialized in virtual reality gaming projects, closed in its entirety, the company said.