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GamesRadar
GamesRadar
Technology
Anthony McGlynn

Former PlayStation boss blames "really sad" layoffs on "misjudgment" of companies: "It's funny to see the companies who shut down, lay off, the stock price goes up"

Shuhei Yoshida.

The games industry isn't in the best health right now. Layoffs have become shamefully routine up and down game development, most severe at the likes of EA, Ubisoft, Microsoft, and Epic Games. As a veteran of the medium, Shuhei Yushida, former president of Sony Interactive Entertainment Worldwide Studios, believes it comes down to poor judgment from management.

"The shutdowns and layoffs and the cancellations are the result of these adjustments from the misjudgment that many companies made," he told Whatculture Gaming, in a clip posted on TikTok.

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