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What's up with all the layoffs in the technology sector, especially in the gaming industry? (lemmy.world)

submitted 10 months ago by [email protected] to c/[email protected]

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Sony announced a ton of layoffs recently, at the same time they announced they will not be releasing any major titles until 2025. Don't they need staff to make stuff? doesn't every company? Why all the sudden layoffs, it just doesn't make sense to me, what am I missing?

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[–] [email protected] 27 points 10 months ago* (last edited 10 months ago)

This is the correct answer.

https://www.smartcompany.com.au/industries/information-technology/sack-google-staff-pay-tech/

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