RicaneliteSony to cut up to 160 jobs in Europe
Sony Computer Entertainment Europe is set to axe up to 160 jobs in order to "further market leadership" and "significantly reduce" the company's cost base.
SCEE president and CEO David Reeves told Sony employees that by April 18 every SCEE employee in the UK, World Wide Studios in Europe and in the company's territory offices is to receive a letter explaining if their job is "at risk of redundancy". All areas of the business are set to be affected by the job cuts.
Reeves blamed the cuts on the fact that the games industry "is in the middle of a transition where some of the fundamentals of our business are changing".
Although Sony is keen to restrict the number of redundancies made and "very much regret[s] the situation", up to 160 people could lose their job - out of a total of around 1,900 employees.
Reeves concluded by saying: "I also appreciate that what I have just announced will have come as a major and unwelcome shock, and it is something we have fought hard to avoid. However, the business targets that we face have regrettably made it unavoidable."
SCEE president and CEO David Reeves told Sony employees that by April 18 every SCEE employee in the UK, World Wide Studios in Europe and in the company's territory offices is to receive a letter explaining if their job is "at risk of redundancy". All areas of the business are set to be affected by the job cuts.
Reeves blamed the cuts on the fact that the games industry "is in the middle of a transition where some of the fundamentals of our business are changing".
Although Sony is keen to restrict the number of redundancies made and "very much regret[s] the situation", up to 160 people could lose their job - out of a total of around 1,900 employees.
Reeves concluded by saying: "I also appreciate that what I have just announced will have come as a major and unwelcome shock, and it is something we have fought hard to avoid. However, the business targets that we face have regrettably made it unavoidable."
