PlayStation is laying off around 900 people across the world [Discussion]
- Thread starter John Elden Ring
- Start date
Too much Doom and Gloom.
As long as they get the bad eggs out and shut down all this porting shit.
If Jimbo said "PC is our competition" he might be serious since PC market now include the portables like SteamDeck and the other ones and there are around 15 handhelds out there for PC gaming, my guess is that those handhelds are killing consoles slowly, Imagine carrying all your games including the ones from emulators with you all the time and you know they run as good as the actual home consoles hitting 60fps+ easy
I mean COD and Fifa fans? it's a no brainer
He clearly was being sarcastic...
PS. I'm quoting here because others guys are things his comment was serious...
My initial take away is I’m not surprised at all that London studio is getting closed. I wonder how media molecule was able to avoid being closed as well since dreams was a 10 year failure. Naughty dog makes sense since they wasted 4 years on a gaas game that went nowhere. Insomniac is the biggest head scratcher and doesn’t meant any sense to me.
I guess this means Sony isn’t acquiring any more studios and they better Hope Microsoft is done with those publisher acquisitions. At this point neither one should be buying anymore studios with how unsustainable everything is.
I guess this means Sony isn’t acquiring any more studios and they better Hope Microsoft is done with those publisher acquisitions. At this point neither one should be buying anymore studios with how unsustainable everything is.
Based on history, I predict Sony will continue in this direction until they remove all the identity from their platform and if if the PS6 shows they lost a lot of momentum they'll probably blame it on the console market and players instead of holding themselves accountable.
From 2009 until around the time Jim Ryan took over. My track record it pretty much perfect I knew Xbox was shit and going nowhere while most people here were probably still praising the Xbox 360.
We might still get a good wave of games to close this gen but that is going to be it. PlayStation completely lost it's identity and in 10 years it will be hard to tell SIE apart from EA, Activision or Ubisoft.
People here were saying PlayStation was going to buy SE, etc, and I was saying that they wouldn't buy shit and now they are laying off 8% of their workforce.
What I'm loving about this AI push is that capitalism is doing what capitalism does: It looks at unlimited profit increases. When AI takes over every job, who the fuck is going to be working? This has not been considered, because they don't give two shits, they only care about next year's profit statement.
That porting took years of development of other games with no real good return.
PC port push has been nothing just failure and burden upon studios.
If he enters in that weird comparison list he will lose anyway... proportionally PS layoffs are smaller than Xbox layoffs.
No, it's just good old fashioned greed powering these layoffs.
Besides, if AI could make a fully functional AAA game, it'd just be making very bad Assassin's Creed and Destiny clones, because that's the type of low effort slop prompters could muster.
London studio closed? Didn’t even know they still had one. Was that the generically colorful co-op game that we saw art of only?
Like my previous posts, this was driven by artificial inflation brought on by the pandemic. Nothing has shrunk, it was inflated during the pandemic and now we are seeing it contract.
And all the "Professionals" saying the console market has shrunk, it has not, its just not on the projected growth curve based of the artificially inflated numbers provided by the pandemic..... If anything its back on track.
If you looked at the data the head counts for all studios regardless of platform increased as the demand for digital media (games). Now that people can touch grass the demand has gone back to pre pandemic and those additional head counts are dead weight.
We never entered a golden era of gaming like these so called journalists, with fucking redicoulous quotes like:
"This drove a 20% boost in gaming sales globally and created nearly 20,000 jobs in 2020 alone. And it’s not expected to stop any time soon: According to research company IBISWorld"
Just like the housing market in the UK 2008 when the financial crisis hit and demands for housing went down, we are now seeing it in the gaming industry
some references:
www.bloomberg.com
www.marketwatch.com
And all the "Professionals" saying the console market has shrunk, it has not, its just not on the projected growth curve based of the artificially inflated numbers provided by the pandemic..... If anything its back on track.
If you looked at the data the head counts for all studios regardless of platform increased as the demand for digital media (games). Now that people can touch grass the demand has gone back to pre pandemic and those additional head counts are dead weight.
We never entered a golden era of gaming like these so called journalists, with fucking redicoulous quotes like:
"This drove a 20% boost in gaming sales globally and created nearly 20,000 jobs in 2020 alone. And it’s not expected to stop any time soon: According to research company IBISWorld"
Just like the housing market in the UK 2008 when the financial crisis hit and demands for housing went down, we are now seeing it in the gaming industry
some references:
A Pandemic Is a Dream Come True for Gamers
We’re not just playing more video games, but we’re also watching more people play them. It’s an industry ripe for content creators.
www.bloomberg.com
Videogames are a bigger industry than movies and North American sports combined, thanks to the pandemic
Not only have videogames grown to resemble competition-based, interactive movies, but COVID-19-related lockdowns have propelled the industry to make more...
www.marketwatch.com
Of course they aren't, they shared financials and said that they have close to 0 money to invest. People just ignores it.
I think this can go two ways:
- They double down on their failed PC port strategy, which puts their best games in a competing platform
- They stop their failed PC port strategy
So my hope is that the strategy was stopped with Jim's firing, and that HFW is the last port since it was probably pretty much "ready" and the game had already stopped selling on consoles.
Also, HFW stopped selling on consoles because Jim thought it was a good idea to "test the waters" by having it on PS Plus, only for the results to be as expected: It fucked the games profitability and destroyed its sales.
He can enter with this comparison and would win so hard
"MS market cap is far bigger than Sony's, we can buy them cash"
Sony
Sony (SONY) - Market capitalization
As of October 2024 Sony has a market cap of $109.95 Billion USD. This makes Sony the world's 152th most valuable company according to our data.
companiesmarketcap.com
MS
Microsoft (MSFT) - Market capitalization
As of October 2024 Microsoft has a market cap of $3.108 Trillion USD. This makes Microsoft the world's 3rd most valuable company according to our data.
companiesmarketcap.com
Sony is way smaller than MS/Xbox
I fear it will get worse since this new CEO money hungry even more than Jim Ryan was and he doesn't understand gaming.