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

[NJ5]

Procrastinato said:

NJ5 said:
@Procastinato: You do realize that Sony didn't detail the restructuring of the games division yet, right? They did say they would "fundamentally reorganize" it if I remember the words correctly.

It's too soon to talk about that since no one knows what they'll do.

I think Sony is just as open about their plans as MS is, if that answers your question.

Sony is also coming from the "game division makes us money, most other divisions aren't right now" perspective, whereas MS may be coming from the opposite.  Its no coincidence that MS's EDD division turned a profit during a Holiday quarter that Gears 2 and Fable 2 were also released in.  Sony's game division didn't really do exceptionally well over the holidays, yet.. they still managed to turn a profit anyway.  

I suspect that we'll see Sony's game division in the black again, come the next quarterly announcement, despite losses in other divisions, although not by much.  MS... I'm worried may be red.  More red if they hadn't axed studios, which is why I believe they did just that.  I'm just of the opinion that pleasing stockholders for a quarter, or two, won't make up for the loss of the good studios, in the longrun.

 

So you know what Sony is going to do in the games division, besides merging it with vaio/walkman? I don't think anyone knows that yet, since they didn't announce it besides saying there would be a fundamental reorganization.

I think it's a big stretch to expect SCE to be profitable in the January-March quarter, given that they only made $4 million in profit during the holiday quarter (basically a break-even result given the amounts in question). What's your rationale for that?