Sony on the brink of corporate upheaval, drastic changes

[heruamon]

neotea said:

FishyJoe said:
Bankruptcy is a near impossibility. They will have to make major changes to the company however, which may involve sales of assets, layoffs and restructuring.

 

Yup they will do what they can and will do it.  I dont ever seeing them declare it, since they do got a lot of resource on there hand to sell off.  One thing is there will be major changes i do see that.

Bankruptcy isn't really a item in the current equation, imho, since sony has nearly 6 bln in the bank, but as we've seen in the case of GM and other auto makers, this can change fast.  We will have to see if they post a loss, and by how much, in this coming qtr to decipher were things stand.  Look at M$, with $20 bln in the bank, and they are talking cutbacks in staffing levels...free cash can turn to no cash quickly, if you don't watch your bottomline...