Sony Freezing, Cutting Employee Wages.. (First Time in Company History)

[Ail]

NJ5 said:

Procrastinato said:

NJ5 said:

Nintendo, Microsoft, Intel, IBM and HP are all posting profits, while no analyst expects Sony to turn profitable with the measures they announced so far. Their losses are too huge for that.

As for Microsoft's layoffs and cuts in the gaming division, all that proves is that Microsoft is a more cautious company than Sony. Sony only began restructuring when they started losing money, while Microsoft acted preemptively to avoid getting in the hole in the first place.

 

 

So you agree with my statement then, that Sony treats its employees extremely well for its situation... and companies like MS treat their.. well their stockholders well, but not their employees so much, despite profiting?

I can't decide, as an American... be proud... be ashamed... be proud... be ashamed.. hmm tough one.

I guess I agree with that part. There's a big business culture difference between the two countries of course. Microsoft is doing what most other American and European companies are doing, but in the end this will make them less likely to go bankrupt. It's a mixed bag really.

 

All Microsoft did with those layoffs is take advantage of the global economic recession to try to fatten a little more their shareholders and screw a little more their employees. Then they wonder why all the top developers would rather go work for Google than for them.....

If things are so bad for MSFT that they have to lay off some people, why don't they cut the dividends and why don't Steve Balmer and co take a pay cut ?

Oh no!!!