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

[TheBigFatJ]

SMcc1887 said:

NJ5 said:

SMcc1887 said:
lol, an average report about a company restructuring due to a Global recession and everyone starts saying that the company is finished...................no, its natural.

Don't be a drama queen. No one said the company is finished.

 

 

Me.......The drama Queen? People here are talking about what would happen to Blu-Ray, PS3 etc if Sony died, and they are saying these things because they believe that there is a high chance of Sony finishing. What were you expecting to hear from Sony?

Sony still has an investment grade credit rating.  They're not going bankrupt anytime soon and they have all kinds of room to downsize.  But companies that downsize in tough economic times usually come out of those times weaker than they originally were.

And, as I said, Sony may have to make some pretty big moves if the economy continues to be this tough for more than a year.

However, the PS3 just keeps losing money for Sony.