Particle.news
Download on the App Store

Sony Pictures Begins Months-Long Restructuring With Targeted Layoffs

The shake-up directs investment to anime, game adaptations, franchise extensions.

Overview

  • Sony Pictures, which disclosed the reorganization Tuesday in CEO Ravi Ahuja’s memo, has begun layoffs set to roll out over the coming months with a staff check-in planned later in April.
  • Reporting across outlets points to a few hundred job losses out of more than 12,000 employees globally.
  • The restructure combines the Game Show Group with GSN under Suzanne Prete and moves the nonfiction TV unit under Katherine Pope.
  • Sony will wind down VFX and virtual production shop Pixomondo and channel investment to anime, PlayStation game adaptations, franchise extensions, experiences, and YouTube-native series.
  • The cuts concentrate on junior and mid-level managers, reflecting pressure on Hollywood businesses to refocus as greenlights slow and costs stay high.