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re: Are we going to talk about Sony laying off people?

Posted on 2/27/24 at 2:54 pm to
Posted by SaintEB
Member since Jul 2008
22785 posts
Posted on 2/27/24 at 2:54 pm to
quote:

Well they got scammed by Bungie



I'm gonna need an explanation, please?
Posted by CarolinaGamecock99
Member since Apr 2015
21913 posts
Posted on 2/27/24 at 3:01 pm to
sony spent like 4 billion on bungie and suddenly they miss revenue projections by 50%
Posted by SaintEB
Member since Jul 2008
22785 posts
Posted on 2/27/24 at 3:28 pm to
quote:

sony spent like 4 billion on bungie and suddenly they miss revenue projections by 50%



I'm asking because I honestly don't know, but how is this Bungie's issue? Isn't Bungies biggest thing right now just Destiny 2, and that's pretty much dead?
Posted by sicboy
Because Awesome
Member since Nov 2010
77649 posts
Posted on 2/27/24 at 4:44 pm to
quote:

suddenly
Posted by DarthRebel
Tier Five is Alive
Member since Feb 2013
21297 posts
Posted on 2/27/24 at 4:56 pm to
quote:

So they’re cutting back workforce just Iike literally every other tech company that overhired when money was free?


It is more about missing sales targets and having nothing to drive sales before April 2025.

Would they have made the cuts if they did? We will never know, because the missed sales targets.

Inflation is a thing, and the number of people wanting to drop $400+ on a console and/or $70 games has been reduced globally.

Sony needs to evolve the way they look at gaming.
Posted by chadr07
Pineville, Louisiana
Member since Jan 2015
7982 posts
Posted on 2/27/24 at 5:02 pm to
Xbox hate is strong everywhere you look. Go look on X. Half the topics I see is someone bashing Xbox lol
Posted by imjustafatkid
Alabama
Member since Dec 2011
50675 posts
Posted on 2/27/24 at 5:06 pm to
quote:

sony spent like 4 billion on bungie and suddenly they miss revenue projections by 50%


Bungie, without Halo, is not a seller. Destiny isn't Halo. They weren't scammed. They made a bad decision. Simple as that.

Jim Ryan was more concerned with chasing headlines than the bottom line.
This post was edited on 2/27/24 at 5:08 pm
Posted by chadr07
Pineville, Louisiana
Member since Jan 2015
7982 posts
Posted on 2/27/24 at 5:28 pm to
Umm let’s see, Resident evil 3, Dead island 2, the Dead Space remake, Forza Motorsport just to name a few. They are all awesome games and haven’t paid for a one of them. Y’all can say what you want about gamepass but they have been churning out good games lately.
Posted by DarthRebel
Tier Five is Alive
Member since Feb 2013
21297 posts
Posted on 2/27/24 at 6:03 pm to
quote:

Umm let’s see, Resident evil 3, Dead island 2, the Dead Space remake, Forza Motorsport just to name a few. They are all awesome games and haven’t paid for a one of them. Y’all can say what you want about gamepass but they have been churning out good games lately.


Spot on. When this next round of Game Pass expires for me in about 1.5 years, I will have had Game Pass for the last 6 years for maybe around $400 total.
Posted by theducks
Where The Blazers Play
Member since Aug 2013
13733 posts
Posted on 2/27/24 at 7:14 pm to
quote:

So they’re cutting back workforce just Iike literally every other tech company that overhired when money was free?


Exactly. I don’t like to see people lose their jobs either but it seems like the London Studio served their purpose and no longer were in Sony’s plans.
Posted by imjustafatkid
Alabama
Member since Dec 2011
50675 posts
Posted on 2/27/24 at 8:18 pm to
quote:

Spot on. When this next round of Game Pass expires for me in about 1.5 years, I will have had Game Pass for the last 6 years for maybe around $400 total.


Same boat here, and over that time I've been able to hoard so many Microsoft Rewards points that I'll be able to keep Game Pass for at least 2 more years without paying another dime for it (assuming I don't earn another reward point during that time).
Posted by Carson123987
Middle Court at the Rec
Member since Jul 2011
66466 posts
Posted on 2/28/24 at 6:05 am to
quote:

It is more about missing sales targets and having nothing to drive sales before April 2025.


No, it’s more about current monetary policy and economic conditions. Look at every other tech company lol. Cisco just cut 4000, eBay cut 1000, Microsoft cut 2000, PayPal cut 2500, Amazon cut 20,000 last year. The market is correcting itself from the free money environment we just left to the inflationary, high-rate environment we’re in now. It’s a tale as old as time. When rates go up, you cut.
Posted by oauron
Birmingham, AL
Member since Sep 2011
14513 posts
Posted on 2/28/24 at 10:44 am to
quote:

I disagree here, as this is Sony having zero innovation for the future of gaming

That has absolutely zero to do with layoffs. They're closing a non-productive studio and like every single other big tech company, they're laying off after over hiring in the post-COVID hiring boom that the industry had.

Some of the takes in this thread are quite interesting. I've been gone too long and shocked to hear anything positive about MS's "vision" for the gaming space.
Posted by sicboy
Because Awesome
Member since Nov 2010
77649 posts
Posted on 2/28/24 at 10:46 am to
quote:

they're laying off after over hiring in the post-COVID hiring boom that the industry had.


I really don't understand why people don't believe there was a COVID bubble with tech company hires.
Posted by Blitzed
Member since Oct 2009
21324 posts
Posted on 2/28/24 at 10:53 am to
Elon did a good job cleaning up.
This post was edited on 2/28/24 at 10:54 am
Posted by sicboy
Because Awesome
Member since Nov 2010
77649 posts
Posted on 2/28/24 at 11:16 am to
#thatsbaitgif
Posted by Blitzed
Member since Oct 2009
21324 posts
Posted on 2/28/24 at 11:23 am to
Posted by GetCocky11
Calgary, AB
Member since Oct 2012
51373 posts
Posted on 2/28/24 at 11:30 am to
quote:

and the number of people wanting to drop $400+ on a console


This is fine, in my opinion.

quote:

$70 games


frick that. I'll happily wait months for a sale
Posted by j1897
Member since Nov 2011
3576 posts
Posted on 2/28/24 at 11:40 am to
quote:

Resident evil 3, Dead island 2, the Dead Space remake, Forza Motorsport


A 4 year old game
6 month old game
a year old game(that's actually from 2008)
and another 6 month old game.


I guess aspergers gives ya'll some looooong arse attention spans? That's a sad list my man.
Posted by Sl0thstronautEsq
Antarctica
Member since Aug 2018
9272 posts
Posted on 2/28/24 at 12:05 pm to
quote:

Are we going to talk about Sony laying off people?


Can we also talk about why Sony hasn't released an all black DualSense Edge? Wtf!
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