Sony Games Division Loses To Increase by $337Million

[NJ5]

Darth Tigris said:

WiiStation360 said:

It looks like the games division at Sony is safe from the current round of cuts.  At least for now.

Sony job cuts unlikely to affect games division

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A slide from Sony's corporate presentation this morning stated that there are planned headcount reductions for the games, movie and pictures divisions - without going into further detail - and prompting speculation that jobs were to go in videogame departments.

However, Sony Computer Entertainment Europe president David Reeves has informed staff internally that the JPY 250 billion (USD 2.8 billion / EUR 2.1 billion) cost-cutting measures will not include a reduction in games staff, as previously stated last month.

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I'm glad you said "for now".  Less than a month before I was laid off from my job back at the beginning of 2007, we were all told by our boss that our department still had 5 years of projects to complete if we stopped accepting new projects.  This can change.  That's the reality of business world.  The cold, hard reality.  And unless you've been a part of it or paid close attention to it, then it may be hard for you to realize that companies will very rarely tip their hand about layoffs to their employees.

 

 

I think by law (or at least by ethical codes) they can't talk about layoffs publically before employees have been told about it. Since this is all still pretty recent news, they probably don't even have defined plans yet, much less went through all the necessary steps to make the announcement public.

Notice how we first heard about Sony's 16,000 layoffs back in December, and today we still don't know all the products that those concern.