More Reviews
REVIEWS Dungeon of the Endless Review
A roguelike that’s equal parts charming and challenging with a turn-based twist.

Fantasy Life Review
Level-5 has always had a gift for creating endearing worlds and characters, but who thought living with a butterfly would be such an adventure?
More Previews
PREVIEWS Vainglory Preview
Multiplayer online battle arenas have grown in popularity, yet Super Evil Megacorp hopes to give the franchise new, vibrant life on tablet. I went hands-on to find out if it can be done.
Release Dates
NEW RELEASES Call of Duty: Advanced Warfare
Release date: 11/04/14

Assassin's Creed Rogue
Release date: 11/11/14

Far Cry 4
Release date: 11/18/14

Dragon Age: Inquisition
Release date: 11/18/14


LATEST FEATURES 5 Ways Persona Q Is a Crossover Done Right
Etrian Odyssey meets Persona with results much better than expected.

Xbox Downloads October 2014 - Updating Each Week
Microsoft's Xbox One console continues an Xbox Live revolution started over a decade ago. Here's hoping Summer of Arcade makes it to the platform next year.

LEADERBOARD
Read More Member Blogs
FEATURED VOXPOP oblivion437
I Don't Want to, but I Have To...
By oblivion437
Posted on 10/20/14
Well, Gamergate has spilled over into the mainstream media and the coverage appears to be nearly uniformly dreadful. Take " What is Gamergate, and What Does It Say About Gender In Video Games? " by David Konnow as an example.  It appears that the writer has done little to no...

GAMING NEWS

Sony Cutting 10,000 Jobs

Posted on Monday, April 9 @ 12:24:02 Eastern by

The Nikkei newspaper has reported that Sony is cutting 6 percent of its global workforce, as decided by new CEO Kazuo Hirai. This loss of approximately 10,000 jobs comes primarily due to the company's ailing TV business, with most of the cuts coming from its "chemicals and small and midsize LCD operations".

Earlier this year in February, Sony reported an extraordinary loss of $2 billion in net income.

Hirai will have a briefing this Thursday to investors on Sony's plans to recover. Yuuki Sakurai, head of fund manager Fukoko Capital, is not surprised by this move but he has a warning:
Under a new CEO, it's easier to cut jobs or go in a new direction. One of the things I'd like to see is that shift their resources to other areas outside TVs... If they stick to TVs, they may have to fight a war may not be able to win.
The good news then is that Sony will likely rebuild its strength through its other outlets such as mobile devices and video games, particularly the PS3, Vita, and the PS4 "Orbis".

[Source]
Tags:   Sony, PS3
FOLLOW ME ON TWITTER. YOU KNOW YOU WANT TO.


More from the Game Revolution Network




comments powered by Disqus

More On GameRevolution