Sony Axing 16,000 Jobs

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"Sudden and rapid changes in the global economic environment" have forced Sony to cut roughly 8,000 of its 160,000 jobs by April 2010, the company has revealed, with Reuters adding that 8,000 more will be cut from "more temporary and contract staff."

Sony Computer Entertainment--the Sony division responsible for PlayStation manufacturing and game development--will be involved in the forthcoming review.

"To stay competitive in the accelerating global network environment, we will always carefully review and make structural changes, if necessary, in order to further expand and strengthen the PlayStation business," SCE told GamesIndustry.biz.

The cost-cutting measures will also see Sony reduce investments in "unprofitable or non-core businesses" and reduce its focus on LCD and mobile phone technology.

From The Chatty
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    December 9, 2008 9:11 AM

    maybe now they can align their console's price with its competitors

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      December 9, 2008 9:16 AM

      wat.

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        December 9, 2008 10:11 AM

        399 for a PS3
        200 for a Xbox arcade
        300 for a Xbox premium
        279 for a Wii

        the 100 dollar premium for a BR is only a selling point for enthusiasts and you cant cater to enthusiast because theyre the minority

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          December 9, 2008 10:13 AM

          i would have put one on my xmas list if it would have been $100 cheaper where it should be but even that's a bit of a stretch. i can't in good conscience ask for a $400 game console from my family for xmas

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            December 9, 2008 1:11 PM

            That aint gonna happen for some time- especially with the current news.

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      December 9, 2008 9:17 AM

      they still can't afford to.

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      December 9, 2008 9:21 AM

      This isn't so much a dead horse any more as a pile of bones long since ground down to a fine powder.

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        December 9, 2008 9:40 AM

        This is not a dead horse if its an honest to goodness inquiry of someone with some hope left. But if he was trying to make a joke then yea, you necrophiliac leave that dead horse alone!

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        December 9, 2008 9:43 AM

        An aphrodisiac to some, I am sure.

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          December 9, 2008 1:13 PM

          And a potent salve for jock itch, or so I hear!

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