Sony Axing 16,000 Jobs

December 9, 2008 9:04 AM

"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.

Chris Faylor

Chris Faylor was previously a games journalist creating content at Shacknews.

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dantastic

 reply
December 9, 2008 9:11 AM

maybe now they can align their console's price with its competitors
- dmiller
  
   reply
  December 9, 2008 9:16 AM
  
  wat.
  - dantastic
    
     reply
    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
    - dantastic
      
       reply
      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
      - dmiller
        
         reply
        December 9, 2008 1:11 PM
        
        That aint gonna happen for some time- especially with the current news.
- dopefish
  
   reply
  December 9, 2008 9:17 AM
  
  they still can't afford to.
- Mr.Finkster
  
   reply
  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.
  - X-Nice
    
     reply
    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!
    - dantastic
      
       reply
      December 9, 2008 10:12 AM
      
      im not making a joke. they need a price cut. seriously they needed a price cut before black friday
      
      http://www.shacknews.com/laryn.x?id=18655365
  - A Sponge
    
     reply
    December 9, 2008 9:43 AM
    
    An aphrodisiac to some, I am sure.
    - Mansmells
      
       reply
      December 9, 2008 1:13 PM
      
      And a potent salve for jock itch, or so I hear!