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Forums - Sony Discussion - Sony says enough is enough, to cut 5,000 jobs, split off PC, TV operations

yo_john117 on 06 February 2014
Lafiel said:
yo_john117 said:

Heh, I knew that. I'm not sure why I said Vaio instead of Bravia though >_<

 

You know I'm not entirely sure how seperating their TV line into a different company will make it profitable though.

Well, in my opinion it's more of a sign to investors that the division can easily be sold off, if it continues to post bad results and might make things easier for potential buyers. Additionally it could "motivate" the Bravia management to improve the recovery efforts.

Maybe it enables the cancellation of some old contracts with employees or supplers aswell, but I'm not sure about that one.

Very true.

I wouldn't think it has to do with the cancellation of old contracts because generally contracts in the business setting aren't really long (I believe they usually are a year or two at the most).



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Dulfite on 06 February 2014

Nintendo TV? The next technological revolution bringing you, for the first time, the fourth dimension.

*mindplosions



sales2099 on 06 February 2014

So about their TV business, if they spin it off into its own company, then that means it won't be apart of Sony anymore? Like instead of selling it off they are just cutting them loose to fend for themselves?

Either way if the TV business won't impact Sony financials then I consider that another division cut off.



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Kasz216 on 06 February 2014

Oh shit the TV division too? I missed that part.

Jeff Loeb is half getting his way.

Instead of spinning off entertainment for a profit, they are spinning off/selling everything else for a loss.



Kasz216 on 06 February 2014
Lafiel said:
yo_john117 said:

Heh, I knew that. I'm not sure why I said Vaio instead of Bravia though >_<

 

You know I'm not entirely sure how seperating their TV line into a different company will make it profitable though.

Well, in my opinion it's more of a sign to investors that the division can easily be sold off, if it continues to post bad results and might make things easier for potential buyers. Additionally it could "motivate" the Bravia management to improve the recovery efforts.

Maybe it enables the cancellation of some old contracts with employees or supplers aswell, but I'm not sure about that one.

Not so much cancellation but....

say Bravia TV company which is owned mostly by Sony goes out of buisness.

Well, they go bankrupt.

Guess who owes all those Bravia factory workers their pensions?

Bravia TV company.

Who owes companies for parts?  
Bravia TV company.

Sony is just a stockholder... and probably just one of many.

 

At least i'm PRETTY sure that's how it works.



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LemonSlice on 06 February 2014

If Samsung offered passive 3D, I'd consider their TVs. As it stands, F them.

BTW, holy shit looooooooooooooool: http://www.samsung.com/sg/activevspassive3d/



justinian on 06 February 2014

I don't know all details about the company but one thing does make sense. Better to spin off or sell of a money leaking division or department at a loss and focus on other things than keep it around for years losing money and hoping for a better outcome that is unlikely to happen.



JoeTheBro on 06 February 2014
LemonSlice said:

If Samsung offered passive 3D, I'd consider their TVs. As it stands, F them.

BTW, holy shit looooooooooooooool: http://www.samsung.com/sg/activevspassive3d/


Oh my gosh that link is hilarious. I'll stick with my passive LG 3D tv thank you very much lol.



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kirby007 on 06 February 2014
PDF said:
Kasz216 said:
Lafiel said:
yo_john117 said:

Heh, I knew that. I'm not sure why I said Vaio instead of Bravia though >_<

 

You know I'm not entirely sure how seperating their TV line into a different company will make it profitable though.

Well, in my opinion it's more of a sign to investors that the division can easily be sold off, if it continues to post bad results and might make things easier for potential buyers. Additionally it could "motivate" the Bravia management to improve the recovery efforts.

Maybe it enables the cancellation of some old contracts with employees or supplers aswell, but I'm not sure about that one.

Not so much cancellation but....

say Bravia TV company which is owned mostly by Sony goes out of buisness.

Well, they go bankrupt.

Guess who owes all those Bravia factory workers their pensions?

Bravia TV company.

Who owes companies for parts?  
Bravia TV company.

Sony is just a stockholder... and probably just one of many.

 

At least i'm PRETTY sure that's how it works.

 

I could totally be wrong but doesnt this also aide them in the letting go of so many employees due to the really protective labor laws in Japan.

so to sum it up, The tv part still will be in the consolidated reports, but when it goes it has less consequences but the employees are screwed



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CDiablo on 06 February 2014

Can someone explain to me how "spinning off" a division(tvs) will help make more profit than keeping it under one umbrella.



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