Following on from the rumblings we heard earlier today, Sony has confirmed it's closing three studios, cutting 205 jobs and canceling the much-anticipated espionage MMO, The Agency. However, a silver-lining can be gleaned, with Sony's cost-cutting efforts affording their remaining studios time and capital to work on rumored sequels to the popular PlanetSide and EverQuest sagas.
Sony explain the closure of three studios and hundreds of jobs is "part of a strategic decision to reduce costs and streamline its global workforce", which allows their remaining outfits to "focus development resources on delivering two new MMOs based on its renowned PlanetSide and EverQuest properties, while also maintaining its current portfolio of online games".
The studios Sony is closing were located in Denver, Seattle and Tuscon, with hundreds of their former staff now looking for jobs. It's a sad turn of events, but not unprecedented. We're in the midst of an industry shift, with certain outfits doubling down to focus on smaller, more affordable titles, whereas the big studios shed extraneous bulk to tighten their grip on AAA blockbusters certain to make capital.
The cancellation of The Agency isn't a surprise either, with its numerous no-shows and lack of concrete details suggesting internal development strife. The game obviously wasn't working or Sony didn't deem it fit for commercial duty, which is a pity, as it had great promise to deliver on all our early childhood hopes of being like James Bond on a grand, international stage. [Eurogamer]