The gaming community is buzzing with news about PlayStation’s controversial move to honor its retiring CEO, Jim Ryan, with a digital bobblehead collectible within the PlayStation Stars loyalty program, despite recent layoffs at the company. Players can ostensibly earn this digital memento by playing one of the many games championed by Ryan during his tenure. This digital item comes amid news of 900 employees being laid off from PlayStation, including the complete shutdown of London Studio, which Ryan visited shortly before the layoffs. These corporate decisions come during a troubled period for the gaming industry, which has witnessed substantial layoffs across major companies, including Microsoft and EA's game divisions.

What are PlayStation Stars digital collectibles?

PlayStation Stars digital collectibles are virtual items that players can earn as part of Sony's loyalty program. They are not NFTs and are earned by completing various campaigns and challenges within the PlayStation ecosystem.

To provide some background context, Jim Ryan has served as the president and CEO of Sony Interactive Entertainment (SIE), the division that runs PlayStation, since April 2019. During his tenure, the gaming landscape has seen significant changes, with a shift towards digital distribution, the release of the PlayStation 5 console amid global shortages, and growing competition from rivals like Microsoft's Xbox. Ryan's retirement comes at a time of increasing scrutiny over workplace practices and job security within the video game industry, highlighted by the widespread layoffs that have drawn criticism from both media and the gaming community.