Elden Ring Director Vows To Shield FromSoftware From Gaming Industry Layoffs: 'I Would Not Let That Happen'
Portfolio Pulse from Franca Quarneti
FromSoftware president Hidetaka Miyazaki has vowed to protect his studio from the ongoing layoffs in the gaming industry, despite mass layoffs at companies like Microsoft, Sony, and Embracer Group. Miyazaki expressed confidence that the parent company, Kadokawa Corporation, shares his views on avoiding layoffs.
June 18, 2024 | 6:24 pm
News sentiment analysis
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NEGATIVE IMPACT
Microsoft is experiencing mass layoffs, which contrasts with FromSoftware's commitment to avoiding layoffs.
The news highlights Microsoft's ongoing layoffs, which could negatively impact investor sentiment in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 50
NEGATIVE IMPACT
Sony is also undergoing mass layoffs, which contrasts with FromSoftware's commitment to avoiding layoffs.
The news highlights Sony's ongoing layoffs, which could negatively impact investor sentiment in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 50