this post was submitted on 10 Sep 2024
37 points (95.1% liked)

PlayStation

5134 readers
12 users here now

The PlayStation community for Lemmy! Come and join us for daily news and discussions!

Rules:

  1. Stay on topic.
  2. No hate speech or personal attacks.
  3. No console wars or PC elitism. We are all gamers.
  4. Be a decent human.
  5. No piracy talk, links, or directions to copy-written content. Emulation discussions are allowed.
  6. No NSFW content, shilling, self promotion, ads, spam, low effort posts, memes, trolling, etc.
  7. All bots must have mod permission prior to implementation and must follow instance-wide rules. For lemmy.world bot rules click here
  8. Do not make false reports. If you believe a post is a borderline rule break that is fine, but using the report feature as a super-downvote is not allowed. You will be met with a warning, followed by a ban for abuse of the report feature.
  9. Have fun!

Other Gaming Communities:

Remote Play Resources:

For questions, collabs, or really anything, message me directly at: @cosmicsploogedrizzle:matrix.org

SEO Tags: PlayStation 5 , PS5 , Game , Gaming , Games , Sony , Studios , Nintendo , Xbox , Microsoft , Next Gen , Unreal , Decima Engine , Exclusive , Dualshock , Dualsense , Dual Sense , SIE , Sony Interactive Entertainment , HBO , The Last of Us , Horizon , Spiderman , Spider-man , Spider Man , God of War , PSVR , Virtual Reality , MLB , Returnal , Death Stranding , Ratchet and Clank , Ghost of Tsushima , Demon’s Souls , Naughty Dog , Santa Monica , Housemarque , Sucker Punch , Bungie , Destiny , Insomniac , Guerilla , Bend , Asobi , San Diego

founded 1 year ago
MODERATORS
[email protected]
[email protected]
[email protected]
37
Games industry layoffs not the result of corporate greed and those affected should "drive an Uber", says ex-Sony president (www.eurogamer.net)
submitted 1 week ago* (last edited 1 week ago) by [email protected] to c/[email protected]
9 comments fedilink hide all child comments
 

Ex-Sony Computer Entertainment Europe president Chris Deering does not believe recent layoffs across the games industry have been a result of corporate greed. Instead, workers who have lost their jobs should "drive an Uber" or "go to the beach for a year" until employment settles.

Deering was a guest on games writer Simon Parkin's podcast My Perfect Console, where the pair discussed games industry layoffs.

"I don't think it's fair to say that the resulting layoffs have been greed," said Deering. "I always tried to minimise the speed with which we added staff because I always knew there would be a cycle and I didn't want to end up having the same problems that Sony did in Electronics."

What a prick. Revenue grew 17% last year but need to lay people off lol.

"Sony has released its FY2023 financial results, revealing that its game and network services revenue grew 17% to ¥4.3 trillion ($27.5 billion). Likewise, the company’s FYQ4 (ending March 31, 2024) gaming revenue saw a modest 2% bump to ¥1.1 trillion ($7.0 billion).

According to its earnings presentation, Sony attributes these gains to increased sales of non-first party titles and add-on content. The company sold 286.4 million games — 14% of which were first party titles. While the year’s total game sales grew 8%, first party sales fell 9% compared to FY23."

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 26 points 1 week ago

Wildly overpaid executive is completely detached from reality. What a surprise. /s