I hate to start the day with bad news, but here we go, Sony has closed down its Liverpool studio. The studio, formerly known as Psygnosis, was responsible for notable hits such as the Wipeout racing series, PS1's Destruction Derby and more.
The rumor, which originated in GRArcade, doesn't mention much aside from the report that the studio has been shuttered down and all its projects haven already been cancelled.
Sadly, this rumor has since been confirmed to be true as Sony has issued the following statement (via VG247) in response to the studio closure.
As part of SCE Worldwide Studios, we do regular reviews to ensure that the resources we have can create and produce high quality, innovative and commercially viable projects in an increasingly competitive market place. As part of this process, we have reviewed and assessed all current and planned projects for the short and medium term and have decided to make some changes to our European Studios.
It has been decided that Liverpool Studio should be closed. Liverpool Studio has been an important part of SCE Worldwide Studios since the outset of PlayStation, and have contributed greatly to PlayStation over the years. Everyone connected with Liverpool Studio, past and present, can be very proud of their achievements.
Sony Liverpool's last game has been Wipeout 2048 for the PlayStation Vita — fitting that their most recognized game be their last.
We here at Gameranx wish everyone who lost their jobs all the best and hope that they land on their feet soon.