I doubt they’re giving up, but it’s also clear they put a lot into the PS4 and need to make it pay off. The Playstation Division is basically operating at a loss.
Keep it in mind if you work in gaming or at Sony – or want to.
– Steven
Sony
What The PS4 Means For Your Gaming Career
The PS4 got announced in case you happened to have forgot that a Net full of Inter is out there, avoided all television, and talked to no other people. And you in no way will be startled that yours truly is going to keep with my continuing obsession about analyzing game news and its career implication and analyze the crap out of this.
So gear up people, here it comes. The PS4 is coming, and here’s what I think.
Here Come The Sony Job Cuts
Looks like 10,000 people are being cut. You can get more details here at layoffwatch.
Takeaways
- Issues with the Japanese economy and the TV market seem to be a big part of this.
- This is not the first time Sony has done big layoffs – in fact they’ve done some with selloffs and consolidation recently. I’d say this is more of a trend.
- The cuts are, obviously, in the display area. Half the cuts are unspecified – so get ready for politics.
- Some execs are being asked to return their bonuses. This may be an act to force contrition and look like accountability – which I buy. So I think Sony has an image concern.
- Considering Sony’s reach this could affect various Geekonomic-heavy cities/areas, so pay attention.