Sony shakes up management in crucial gaming division

Sony Makes Changes to Games Unit Leadership Team Amidst Pressure to Boost Margins in Gaming Sector

Sony is set to make changes to its games unit leadership team with two executives taking on new roles. Hideaki Nishino will become the CEO of Sony Interactive Entertainment’s Platform Business Group, while Hermen Hulst will take up the role of CEO of SIE’s Studio Business Group starting from June 1. These changes come as Sony faces pressure to improve margins at its games business, particularly with the PlayStation 5 console.

Sony, which will be reporting its full-year earnings later this week, previously lowered its PS5 sales forecast in February due to weaker-than-expected year-end sales. The company also announced that it does not plan to release any major titles in the next fiscal year. This decision is part of cost-cutting measures in response to a slowdown in the gaming sector, with Microsoft recently announcing the closure of studios, including Tokyo-based Tango Gameworks.

In February, Sony revealed plans to lay off 900 workers at its gaming business and close a studio in London. Group President Hiroki Totoki has committed to taking measures to enhance profitability within the games unit. These changes in leadership and strategic decisions reflect Sony’s efforts to navigate the challenges faced by the gaming industry.

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