Former Sony Exec Claims That Industry Layoffs Aren't Because Of Corporate Greed

Layoffs in the video game industry have soared in 2024, impacting an estimated 11,500 workers across major companies like Ubisoft and Bungie.

Former Sony executive Chris Deering asserts that layoffs aren't simply due to corporate greed, stating, 'If the money isn't coming in from the consumers on the last game, it's going to be hard to justify spending the money for the next game.'

Deering acknowledges the painful reality for managers, suggesting that the skilled individuals in game development might still find opportunities, but his remarks about alternatives like driving for Uber appear dismissive.

His comments reflect a disconnect from the challenges faced by laid-off professionals, as he states: 'But keep up with your news and keep up with it, because once you get off the train, it's much harder.'

Read at www.gamespot.com