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PostPosted: Thu Feb 6, '14, 12:17 pm 
Source: http://www.joystiq.com/2014/02/06/sony- ... employees/

From the article: "Major changes are afoot at Sony, after the Japanese electronics giant announced plans to sell its Vaio PC business and reform its TV arm. As a result, Sony will layoff 5,000 employees over the next year or so, including 1,500 in Japan and 3,500 overseas. Sony was projecting a fiscal year net profit of 30 billion yen converting to $295 million, a figure already adjusted down from previous forecasts. Following the restructuring, Sony expects to post a fiscal year net loss of 110 billion yen, converting to $1.08 billion."

Looks like Nintendo is not the only one that's hurting these days. The Playstation division is still going strong, but looks like the rest if the company suffering.


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PostPosted: Thu Feb 6, '14, 12:55 pm 
A majority of great companies are in the "red zone" actually, as the economical context isn't very good :( Sony isn't any exceptions ! :(


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PostPosted: Thu Feb 6, '14, 2:19 pm 
I have to wonder how much of this is due to the fact that a lot of people in key consumer markets like the US simply do not have the money to afford big-ticket items like a lot of electronics right now. :/


Last edited by Wolf Bird on Thu Feb 6, '14, 2:19 pm, edited 1 time in total.

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PostPosted: Thu Feb 6, '14, 5:10 pm 
I've never been interested in Sony's products other than the Playstations. I guess I'm not alone.


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PostPosted: Thu Feb 6, '14, 9:22 pm 
VistaBlade wrote:I've never been interested in Sony's products other than the Playstations. I guess I'm not alone.

Me I've never really been interested by Playstations at all (except for my PSP) but it's always hard to see some companies facing bad moments like that.


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PostPosted: Thu Feb 6, '14, 10:33 pm 
Really? You never had a PS, PS2, or PS3?


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PostPosted: Fri Feb 7, '14, 12:26 pm 
That's true ! But ...not totally ! As I've had a playstation 2 but just a "few moments" and I haven't played it a lot :)


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PostPosted: Mon Feb 10, '14, 12:27 am 
Sad news to hear that Sony is hurting badly also. In the past we have had a number of Sony products including TV's, radios, etc. (including video game systems) and they have all performed exceptionally well. It's hard times for a lot of companies now as well as families so this news is not totally surprising to hear.


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