Workers who remain at the company could be at risk of losing their jobs as the company moves through the bankruptcy process. This has become the new standard fee for first-party PS5 games since the console. That figure is likely smaller now after "a large number" of Yellow employees received layoff notices on Friday, the Wall Street Journal reported. In case you somehow didnt see it, yes, Sony is asking customers to pay 69.99 for The Last of Us Part 1 on PS5. Yellow employed roughly 30,000 people as of the end of 2020, a company filing shows. That’s a 20 discount compared to its full retail price of 69, and the lowest price its been to. Last week, the company declined to contribute to its employees' pension and health insurance plans, nearly prompting a strike. For a limited time, The Last of Us Part 1 on PS5 is on sale for 49 at the PlayStation Store. The shutdown also comes amid its ongoing, and costly, conflicts with its employees. Yellow has repaid just $230 million of the principal it owed, in addition to $54.8 million in interest payments, government documents show. The $729.2 million it now owes the federal government is due in September 2024. It ultimately settled the lawsuit and agreed to pay the Defense Department nearly $7 million. At the time of the loan, the company was facing charges of defrauding the government by overbilling on shipments for the U.S. The shutdown comes after Yellow failed to reorganize and refinance the roughly $1.5 billion dollars it had, as of March, in outstanding debt, a large portion of which came from the $700 million pandemic-era government loan. Sony’s Jim Ryan said in a deposition back in April that if Microsoft’s acquisition of Activision happens, Sony won’t share any PS6 information with Activision developers, saying they will not be able to share relevant future console info to a developer owned by a competitor.
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