NJ5 on 13 January 2009
| SMcc1887 said: Dont Sony have enough assets to see them through if things potentially get alot worse? |
I can see buyers for some of their Intellectual Property. However who wil buy their factories for more than peanuts in an economy where most companies are trying to save cash and decrease production rather than increasing it?
Sony is a huge company so that question is too complicated to examine quickly, we'll just have to wait and see what they can do.
One big problem for them is that restructuring takes about a year to pay off (as the FT article says, for every fired employee, severance pay is usually needed). One can't imagine the complexity of restructuring a company in a short period, I think we're going to read things we can't even imagine right now.
My Mario Kart Wii friend code: 2707-1866-0957
