Sony:We can't survive without more layoofs,demand will be low for long time

[FishyJoe]

Ail said:

FishyJoe said:

colonelstubbs said:
As i said in the other thread, have nintendo reported any layoffs, or have i just missed these stories?

 

Nintendo only has 3700 employees. Sony has 180,000.

In addition, Nintendo has one of the highest profit per employee ratios in the world of all companies not just video games companies.

 

 Goldman Sachs had the highest profit/employee in 2007, they lost 2.1 billion $ last quarter.

Things can change fast...

 

Nintendo is fairly transparent, GS was not. We know what Nintendo is selling and how they make money. It was not at all clear with GS. GS was heavily leveraged. Nintendo has a cash surplus.

There are almost no similarties between these companies.