I know quite a number of hardware and software companies having to do with assorted portions of the XBox 360, PS3, and Wii doing everything from laying off 15% or more of their workforce, to chopping everyone in the company's salaries by 10% AND axing all bonuses.
In my opinion, Sony is really holding it together well, all things considered. They hold together as a family, which is cool, in my book. I assume its a Japanese company thing, whereas the American companies are more into layoffs, which is lame. I'd rather take a 10% pay cut than see 15-20% of my team/friends get laid off, and having to work weekends for the next couple years to make up for their absence.
The fact that Sony is simply in a hiring freeze, not handing out raises, and is cutting bonuses only partially is a frickin' miracle. You wouldn't believe how many companies in the tech industry would love to be that generous.
