The PS5 DualSense gamepad maintains headphone jack compatibility

The PlayStation 5 DualSense controller accommodates a traditional 3.5mm headphone jack on its lower side. — Sony Interactive Entertainment/AFP Relaxnews

Both Xbox Series X and PlayStation 5 will support standard wired headphones and headsets.

The PlayStation 5's controller, the DualSense, will still allow players to plug in wired headsets, according to PlayStation team product manager Toshimasa Aoki.