{"id":1216392,"date":"2025-02-18T05:01:00","date_gmt":"2025-02-18T10:01:00","guid":{"rendered":"https:\/\/www.prime-wow.com\/?p=1216392"},"modified":"2025-02-18T05:01:00","modified_gmt":"2025-02-18T10:01:00","slug":"playstation-veteran-blames-gaming-industry-slump-on-pandemic-overexpansion","status":"publish","type":"post","link":"https:\/\/www.prime-wow.com\/?p=1216392","title":{"rendered":"PlayStation Veteran Blames Gaming Industry Slump on Pandemic Overexpansion"},"content":{"rendered":"<div>Former PlayStation executive Shuhei Yoshida has attributed the current wave of video game industry layoffs and slowdown to companies overextending during the COVID-19 pandemic. &#8220;I think it&#8217;s an overreaction to the COVID situation. Companies invested too much, including ourselves. Then we had to face reality and make adjustments,&#8221; Yoshida told VentureBeat in an interview. <\/p>\n<p>Yoshida, who left Sony in January after 31 years at PlayStation, suggested the industry&#8217;s growth would have been more stable without the pandemic-driven surge. &#8220;If you take out the COVID years you&#8217;d have smoother growth over the years,&#8221; he said. Yoshida&#8217;s comments come amid widespread job cuts across the gaming sector, including at Sony, Microsoft, Epic Games, and other major publishers following a post-pandemic decline in gaming engagement.<\/p>\n<div class=\"share_submission\" style=\"position:relative;\">\n<a class=\"slashpop\" href=\"http:\/\/twitter.com\/home?status=PlayStation+Veteran+Blames+Gaming+Industry+Slump+on+Pandemic+Overexpansion%3A+https%3A%2F%2Fgames.slashdot.org%2Fstory%2F25%2F02%2F18%2F0949207%2F%3Futm_source%3Dtwitter%26utm_medium%3Dtwitter\"><img decoding=\"async\" src=\"https:\/\/www.prime-wow.com\/wp-content\/uploads\/2025\/02\/twitter_icon_large-100.png\"><\/a><br \/>\n<a class=\"slashpop\" href=\"http:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fgames.slashdot.org%2Fstory%2F25%2F02%2F18%2F0949207%2Fplaystation-veteran-blames-gaming-industry-slump-on-pandemic-overexpansion%3Futm_source%3Dslashdot%26utm_medium%3Dfacebook\"><img decoding=\"async\" src=\"https:\/\/www.prime-wow.com\/wp-content\/uploads\/2025\/02\/facebook_icon_large-58.png\"><\/a><\/p>\n<\/div>\n<p><a href=\"https:\/\/games.slashdot.org\/story\/25\/02\/18\/0949207\/playstation-veteran-blames-gaming-industry-slump-on-pandemic-overexpansion?utm_source=rss1.0moreanon&amp;utm_medium=feed\">Read more of this story<\/a> at Slashdot.<\/p>\n<p><iframe src=\"https:\/\/slashdot.org\/slashdot-it.pl?op=discuss&amp;id=23613253&amp;smallembed=1\" style=\"height: 300px; width: 100%; border: none;\"><\/iframe><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Former PlayStation executive Shuhei Yoshida has attributed the current wave of video game industry layoffs and slowdown to companies overextending during the COVID-19 pandemic. &#8220;I think it&#8217;s an overreaction to the COVID situation. Companies invested too much, including ourselves. Then &hellip; <a href=\"https:\/\/www.prime-wow.com\/?p=1216392\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[101,44],"tags":[],"class_list":["post-1216392","post","type-post","status-publish","format-standard","hentry","category-slashdot","category-technology"],"_links":{"self":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/posts\/1216392","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1216392"}],"version-history":[{"count":0,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/posts\/1216392\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1216392"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1216392"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1216392"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}