• Skip to main content
  • Skip to header right navigation
  • Skip to site footer
Gameranx

Gameranx

Video Game News, Lists & Guides

  • News
  • Features
  • Platforms
    • Xbox Series X
    • PS5
    • Nintendo
  • Videos
  • Upcoming Games
  • Guides

Sony Is Planning More Layoffs At Insomniac And Other PlayStation Studios

December 21, 2023 by Ryan Parreno

They may even be planning to close one of their studios.

Sony is reportedly looking at more Insomniac layoffs, and worse.

Marvel’s Spider-Man 2_20231019232442

This information was found in documents that were made public as a result of a ransomware leak by hacker group Rhysida. They leaked over 1 TB of data, including incriminating information for Insomniac and parent company Sony. It also included personal information of Insomniac and Sony employees.

We will discuss the leaked information below. We can’t ignore this news, but we will point out the way the information was obtained was particularly unethical. You may want to consider this yourself before you go forward with reading this news. But, like Pandora’s Box, it isn’t possible for us to just close the box and pretend nobody found out what they did.

As shared by PostUp_SOG, several presentations spell out the immediate and future concerns of the company. This also ties in to the layoffs that Insomniac did last September of this year, before the release of Marvel’s Spider-Man 2. Unfortunately, more layoffs look to be on the way.

Insomniac refers to a need to make AAA games at sustainable budgets. For a first-party PlayStation studio, that’s valued at $ 350 million or below.

They also refer to Marvel’s Spider-Man 2 itself, claiming that they needed to have made the title for $ 215 million. That would be $ 65 million less of the amount they actually spent. Another slide asks, point blank, “is three times the investment evident to anyone who plays the game?”

Two documents indicate that Sony intends to lay off 50 to 75 employees. Insomniac head Ted Price allegedly wrote this about the issue:

“Slimming down Ratchet (AKA Ratchet and Clank: Rift Apart) and cutting new IP will not account for the reductions Sony is looking for.

To remove 50 to 75 people strategically, our best option is to cut deeply into Wolverine and Spider-Man 3, replacing lower performers with team members from Ratchet and new IP.”

The documents indicate that Sony is planning layoffs at other studios, and one may even be shut down.

Sony’s most recent studio closure was Pixelopus, a smaller studio, earlier this year. Before that, they shut down Japan Studio in 2021. This was the same studio that launched alongside the PlayStation all the way back in 1993.

Sony also saw a troubling streak of studio closures in 2012, but what’s described here now could be worse. PlayStation Studios as a whole will allegedly be shrinking in a big way, presumably to streamline production, making slightly smaller games.

Let us remember that these layoffs haven’t happened yet, at least as far as we know. We would love to report that these plans have changed and Sony is keeping the PlayStation division intact after all. But if they come to pass, we understand what happened that led Sony to that position.

Share this post:

FacebookTwitterLinkedInPinterest

Recent Videos

Top 50 NEW PC Games of 2026

Top 50 NEW PC Games of 2026

10 BIG New Games That Might Have LEAKED

10 BIG New Games That Might Have LEAKED

Menace - Before You Buy

Menace - Before You Buy

AA GTA LIKE GAME LOOKS EVEN BETTER, STEAM MACHINE DELAYED & MORE

AA GTA LIKE GAME LOOKS EVEN BETTER, STEAM MACHINE DELAYED & MORE

Nioh 3 - Before You Buy

Nioh 3 - Before You Buy

10 Video Game Theories That Made Everyone MAD

10 Video Game Theories That Made Everyone MAD

10 Upcoming AAA Games We Can't WAIT TO PLAY

10 Upcoming AAA Games We Can't WAIT TO PLAY

Is The Gaming Industry COOKED?

Is The Gaming Industry COOKED?

10 NEW Cyberpunk Games That EXCITE US

10 NEW Cyberpunk Games That EXCITE US

Category: UpdatesTag: PC, PS4, PS5, Sony Interactive Entertainment

Sidebar

Recent Posts

  • Rumor: Assassin’s Creed Black Flag Remake Is “Not Too Far Off”
  • Overwatch’s Upcoming Reboot Has Led To Resurgence In Steam Players
  • The Original GTA Is Playable On Modern PCs Again – But Not From Rockstar
  • Team Ninja Dev Shares Love For Lies Of P, Explains How It Inspired Nioh 3
  • Rumor: Microsoft Still Plans To Make Their Own Xbox Handheld – Eventually

Copyright © 2026 · Gameranx · All Rights Reserved · Powered by Mai Theme