In an official press announcement today, Sony announced drastic cuts to its non-core businesses and electronics manufacturing arms resulting in the layoff of 8,000 employees to shave $1.1 billion in costs. The language of the announcement did not mention any subsidiaries targeted for downsizing.

Initial reports from inside Sony Online Entertainment, makers of massively multiplayer games like EverQuest, EverQuest 2, and the upcoming kid-oriented MMO Free Realms, indicate that this particular branch of Sony Computer Entertainment America was not significantly affected by the news, but we await confirmation from an official source.

***Update! Sony Online Entertainment has confirmed it will not be affected by the cuts. Read the story here.

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Last Updated: Mar 29, 2016

About The Author

Jeff's interest in online games stretches back to organizing neighborhood Unreal tournaments as a teenager, but when a college roommate introduced him to EverQuest, an interest became an obsession. Jeff joined the Ten Ton Hammer team in 2004 covering EverQuest II, and he's had his hands on just about every PC online and multiplayer game since.