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More bad news for sony

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kowenicki said:
S.T.A.G.E. said:
kowenicki said:
S.T.A.G.E. said:

Honor. Something most big American corporations lost the understanding of. When companies are falling in America all you hear is about CEO's getting bonuses ever since the economic collapse. Kudos to Iwata and Hirai for both respectively taking pay cuts when their companies went through financial turmoil.

 

Again... this is such garbage.  There are many examples of Western CEO's taking pay cuts or... hey... you know being fired for fucking their companies up.

Kzz should be fired if he hasnt turned this around in another 12 months.  He will have had 3 years and many broken promises.  Iwata should have already been fired.

 

The companies woes come from the PC end of the corporation. They need to sell it off. I have no idea what Kaz needs to be fired for. You're sounding extremely sour.


Sour about what?  lol

Check my post history, I never rated the guy.  He gets a shit ton of praise for essentally cutting the price of the PS3.... thats it.

He made many promises 2 years ago... they arent happening, his ONE SONY vision will be a bust soon.  He originally said TV's were essential.  He makes many promises and positive forecasts only for them all to fall to the ground.  He has one more year imo.  Stock down, still huge losses, buring through asstes.  Cant see what good he has done to be honest.  Perhaps you can help me?  He has eventuallty capitulated, sort of, with TV's YEARS after any high school kid could have told him he was flogging a dead and rotting corpse.  If he thinks Sony mobile is his saviour then god help him.

Stop Tv's and mobile (there is no serious money in mobiles), stop making consumer electronics all together.  Concentrate on industrial high margin electronics, software (films and music), financial services and Playstation. 

You like Sony! So easy to blame just one person, Kaz is doing what he can. I bet your also angry at Barack Obama?



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_crazy_man_ said:
mothman said:
radishhead said:
Iwata took a 50% pay cut recently and Nintendo isn't in "going bust" levels of trouble - I'm not sure if it is as big a deal for a Japanese CEO to take a significant pay cut as it might be for an American one


That's because an American CEO would simply fire a bunch of employees and cut benefits for the rest. It's a greed vs honour thing

Except they have been laying off quite a number of employes before this happened.

I remember the 10,000 that were layed off in 2012.

286 were layed off from shutting down a HQ in California as well as some Sony Interactive peeps 2 months ago.

1,000 are planned to be layed off by the end of this year in the US from the closing of 20 Sony Electronic stores.

Another 5,000 in this year from thier exit from the PC industry and rearrangement of the TV divison.

Sometimes that has to happen but I've never heard of a North American executive ever taking a pay cut or turning down a bonus because the company they work for isn't doing well.



mothman said:
_crazy_man_ said:
mothman said:
radishhead said:
Iwata took a 50% pay cut recently and Nintendo isn't in "going bust" levels of trouble - I'm not sure if it is as big a deal for a Japanese CEO to take a significant pay cut as it might be for an American one


That's because an American CEO would simply fire a bunch of employees and cut benefits for the rest. It's a greed vs honour thing

Except they have been laying off quite a number of employes before this happened.

I remember the 10,000 that were layed off in 2012.

286 were layed off from shutting down a HQ in California as well as some Sony Interactive peeps 2 months ago.

1,000 are planned to be layed off by the end of this year in the US from the closing of 20 Sony Electronic stores.

Another 5,000 in this year from thier exit from the PC industry and rearrangement of the TV divison.

Sometimes that has to happen but I've never heard of a North American executive ever taking a pay cut or turning down a bonus because the company they work for isn't doing well.

then you havent been listening.



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I am honestly mad at sony, they make so many bad mistakes.

Selling overpriced "premium" Vaio laptops without premium services like apple does.

No buying Sony Erickson earlier, and not going into mobile gaming ( why can't you buy a mini or a ps1 game on psn and play it on psp, ps vita, ps3, ps4 and a sony owned phone?)

Sony can't just mix up their businesses together.



kowenicki said:
think-man said:
I thought they already took a cut last year.


They did in 2012.

Thanks, I knew Id seen it somewhere before. So half wages in 2012, normal in 2013, and cut again for 2014? Can't the higher ups just leave for higher pay with other companies?



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Conegamer said:
Well I remember Iwata taking a pay cut...it's something which to me seems more like trying to save face in the eyes of the shareholder rather than imminent worries for the company.

Still, Sony isn't in a good place as a whole and that's pretty well-known. This doesn't add nor take anything away from that.

That's kinda the point. Especially more common in Asian companies, than Western ones.



Was that 45% lower sales than six years ago cherry picked? , because the charts have PS4 outpacing PS3 at the same timeline.



I came here to joke about Kaz being fired, but I can see others have beat me to it and they're not joking. Sheesh.



_crazy_man_ said:
SlayerRondo said:

Even if Sony go bankrupt someone will buy the PlayStation brand given how successful it still is.

But will it be the same?

Really depends how the brand reputation is at the time, if ever, that happens and who buys them out.

Who can know if it will be the same.

Sony may not even be that great for the Playstation brand and a new owner may be for the good.



This is the Game of Thrones

Where you either win

or you DIE

Wish sony all the best, really have faith in their recovery.