jim ryan

Sony Interactive Entertainment Sony is the latest company in the video game industry to announce massive layoffs in 2024. We’ve learned that Sony Interactive Entertainment is letting go of about 900 people across several studios; PlayStation’s London Studio will shut down as a result. In a blog post, soon-to-depart Sony Interactive Entertainment President and CEO Jim Ryan says these cuts amount to about 8% of PlayStation’s workforce. “Through discussions over the past few months about the evolving economic landscape,…

Image Source : FILE 900 employees to lose jobs from Sony PlayStation gaming division Sony, a Japanese technology giant is set to lay off around 900 employees from its PlayStation division which is around 8 per cent of its workforce reduction. The company said that this decision was "extremely difficult but necessary". In a statement, Sony Interactive…

Image: Olly Curtis/Future Publishing (Getty Images)This morning, Sony revealed that it is adding to the ever-growing pile of industry layoffs. In official posts, the company announced it had “initiated a reduction” in workforce. These cuts will impact a variety of PlayStation’s first-party studios including Insomniac Games, Guerrilla, Naughty Dog, Firesprite, and more, with the biggest cut hitting PlayStation’s London Studio, which is being closed down in its entirety. In total, Jim Ryan, President and CEO of Sony…

In September 2023, Sony Interactive Entertainment CEO Jim Ryan announced his departure. He will be succeeded by Sony’s current chief operating officer Hiroki Totoki, who Ryan expresses full confidence in. In an interview with Variety, he lists his favorite titles from each PlayStation generation for a little fun. Can’t say it’s a question that doesn’t pique my curiosity. God of War Ragnarok gets the thumbs up from him for the PS5 era. Not a bad choice from Ryan, though Ragnarok is one of those titles I keep getting…

Remember the 20th anniversary limited edition PlayStation 4? No, I didn't get one, either. But what if Sony were to port that same sweet retro look from the PS1 to the PS5? Look no further than the farewell gift which SIE (Sony Interactive Entertainment) President and CEO Jim Ryan — who is retiring in March 2024 — received yesterday.In a photo posted by Yuichi Haga, the Global Diversity, Equity, Inclusion Lead at SIE, the "one of a kind" PS5 console — not the slim model — was customized with the PS1's retro gray finish,…

Jim Ryan, PlayStation head and CEO of Sony Interactive Entertainment, is leaving the company after an almost 30-year stint. In a press release, Sony confirmed that he will be retiring in March 2024, with COO Hiroki Totoki being appointed as the interim CEO of the company from April 1, 2024. Ryan merely served four years as CEO, having replaced John Kodera in 2019, and most notably oversaw the launch of the PS5, which has sold over 40 million units worldwide, as of July. It's unclear who will eventually be taking over as…

Sony's gaming division has announced that it has sold more than 40 million PlayStation 5 consoles, attributing the milestone to ease in supply chain problems. Sony launched PlayStation 5 in November 2020 and since then the company, just like others in the tech industry, struggled with supply chain issues due to the Covid-19 pandemic. "We continued to face headwinds with the pandemic, and it took months for supply chains to normalise so we could have the inventory to keep up with demand. Now PS5 supply is well-stocked and…

Sony may launch the PS5 Slim later this year, so thinks Microsoft. The software giant is currently waiting a ruling in the Federal Trade Commission (FTC) vs Microsoft hearing. As part of the case, Microsoft filed documents which reveal that it thinks a PS5 Slim is on the way “later this year.” What Microsoft said exactly"...PlayStation likewise sells a less expensive Digital Edition for $399.99, and is expected to release a PlayStation 5 Slim later this year at the same reduced price point." Microsoft’s prediction also…

PlayStation boss Jim Ryan has claimed that video game publishers unanimously agree that Xbox Game Pass is “value destructive.” As part of the ongoing trial involving Xbox parent Microsoft and the US FTC, Ryan appeared in a pre-recorded video deposition, addressing his concerns regarding Microsoft's $69 billion (about Rs. 5,66,128 crore) acquisition of Activision Blizzard. He stated that Microsoft's business model for Game Pass has some challenges, and it isn't profitable for the company. He further claims to have spoken…

Microsoft and its gaming wing Xbox are defending their proposed $69 billion acquisition of Activision Blizzard against the US Federal Trade Commission (FTC) in the federal court. The legal battle between Microsoft and FTC started in December 2022 when the agency announced plans to block the company’s deal to buy the game developer that owns popular titles like Call of Duty, Diablo and Candy Crush. Last week, the FTC requested a federal court in California to issue a temporary restraining order to block Microsoft and…