More Reviews
REVIEWS Stretchmo Review
Pushmo, Crashmo, Stretchmo... what's next, Twistmo? Vanilla Swirlmo? And why am I already excited for it?

Destiny: House of Wolves Review
The latest Destiny expansion makes some important changes, but are they enough to bring back former players?
More Previews
PREVIEWS Rodea The Sky Soldier Preview
Yuji Naka's independent game for Wii U and 3DS is like a cross between Sonic and Nights Into Dreams, in the best way possible.
Release Dates
NEW RELEASES LEGO Jurassic World
Release date: 06/12/15

Deception IV: The Nightmare Princess
Release date: 06/14/15

RIDE
Release date: 06/23/15


LATEST FEATURES I Am a Whore
I didn't choose to be this way. I'm not proud of it. But... but let me explain.

Yakuza 0 Is the Best Yakuza Game Ever (Yakuza Podcast 2 of 2)
If you don't mind some story spoilers, this is a great podcast. I don't just say that because I'm in it. Well I mean, that's a huge part of it, but not all of it.

LEADERBOARD
Read More Member Blogs
FEATURED VOXPOP oblivion437     In all the talk of graphical downgrades no one seems much preoccupied with 'why?'.  Why build something and then proceed to tear it down, piece by piece, in the hope that ever more diminished expectations about the final product won't be severe enough to...

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