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"
Former PlayStation boss Shuhei Yoshida attributes the widespread layoffs in the gaming industry to management misjudgments, particularly concerning the surge in interest during lockdowns. He notes that despite layoffs, the overall headcount in many companies continues to grow, and observes that stock prices often rise following such workforce reductions.
- Entities
- Company: Microsoft
- Company: EA
- Company: Sony Interactive Entertainment
- Company: Epic Games
- Topic: Layoffs
- Person: Shuhei Yoshida
- Topic: Game Industry
- Company: Ubisoft
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