Sony to shut TV plant in Japan, cut 2,000 jobs. Axe has fallen, what's next

[NJ5]

Smashed said:

NJ5 said:

Smashed said:
Sony isn't the only company cutting jobs.

Unfortunately you're right. However Sony is one of the most troubled companies these days (the only clearly more affected segments I can think of are banks and automakers).

 

 

I agree that it's bad, but its never as bad as they make it. Companies are cutting jobs, and Sony is targeted by the media first.

Besides the sectors I mentioned, I think you'd be hard pressed to find another company which has already planned to lay 10% of their staff and analysts still saying it's not nearly enough. Then consider Sony's huge debt and comparatively low cash reserves.

Seriously, Sony is not being victimized. It truly is a troubled company these days.