PlayStation is laying off 900 people globally — read the full email employees received about it

• Sony announced roughly 900 employees would be laid off from the PlayStation division.
• The decision comes amidst a slowing gaming market, with others like Microsoft also cutting jobs.
• Read the email CEO Jim Ryan wrote to employees.

Sony Interactive Entertainment is laying off about 900 people from the PlayStation division.

The entertainment giant will be cutting about 8% of the division's staff across the Americas, Europe, Japan, and Asia Pacific, Jim Ryan, the president and CEO of Sony Interactive Entertainment, wrote in a blog on the company's website on February 27.

PlayStation Studios' London studio will close, Ryan wrote.