Sony Computer Entertainment Europe president David Reeves has revealed that Sony will not be cutting jobs in the Playstation division despite the current economy.

We’re certainly not planning to cut back in personnel at all. Half of our personnel are in the development of the games, that’s an investment. We’re not scaling down at all,

To my knowledge, no one is cutting back on the R&D side of the projects we’re working on now. Sony live and die on the innovative projects they bring out.

In our division we’re still continuing to develop the products which we put in our mid-range plan six months ago, one year ago.

As long as we plan prudently, I think we will be fine. We have a good business model. People will continue to buy the hardware, continue to buy the software. I’m convinced of it.

It’s not recession proof. I don’t think any industry is and eventually we may see a downturn. For the moment, we’re seeing our sales of both hardware and software are hitting projects in most countries in Europe.

Looks like the staff working in the Playstation department are pretty safe.

Source.

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