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Sony Pictures Entertainment is undergoing a major reorganization that involves layoffs affecting several hundred people from the film, television, and corporate departments. The changes pertain to the global structure of the company and are expected to last for several more months. However, the new CEO, Ravi Ahuja, emphasizes that this is not solely about cost-cutting, but about repositioning the company towards new areas of development that are expected to be crucial in the coming years.
New Sony strategy focuses on anime game franchises and content for digital platforms
Sony is clearly changing its priorities and wants to invest more heavily in the development of major brands (franchises), game adaptations, and anime, as well as content created specifically for platforms like YouTube and streaming. The company also plans to better leverage its ecosystem by combining film, television, and gaming. Examples are already visible, such as the series The Last of Us and the planned adaptation of God of War. As part of the changes, Sony is also merging some departments (e.g., game show) and closing less promising projects, such as the VFX studio Pixomondo.
Layoffs are a result of restructuring and not just cost-cutting, but the industry will still feel the effects
Although it is officially referred to as "strategic adjustment," the fact is that hundreds of people will lose their jobs, and the changes affect various levels of the company, including managerial positions. Sony wants to operate faster and more flexibly, adapting to a market that is increasingly shifting toward streaming and content related to major brands. This is another example of how the entire entertainment industry is undergoing transformation and moving away from traditional production models.
Sony is restructuring the company for the future, but at the cost of its employees. A greater emphasis on games, anime, and franchises shows where the industry is headed, but the changes come at a price.
source: variety.com
