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

[NJ5]

Procrastinato said:

Where did I say I "knew"?  I'm just stating that your statement, above, applies to both MS and Sony, on a rolling basis.  Either could announce more cuts, at any time.  They have to stay on the move, obviously.  MS has axed studios, internal dev teams, etc.  Sony has not at the present time.  That's how it is.

Its fine for you to disagree with me, with regards to you thinking Sony will cut staff in its entertainment division, and my thinking they won't.  I've explained my reasons for thinking so -- why make cuts in one of the best divisions, and one of the only profitable divisions, as well as its being in a rare sector that showed growth during the recession?  Wouldn't you be better off reinforcing it, on the whole?  Refocusing towards it, rather than away?

MS had plenty of better performing divisions, as I recall.  Hence, their stance, I guess.

 

I'm just going off Sony's declarations which are pretty strong (emphasis mine):

The changes, effective April 1, 2009, will fundamentally reorganize the company’s electronics and game businesses to improve profitability and strengthen competitiveness in the midst of the continued global economic crisis. They will also accelerate the production of innovative networked products and services by strategically integrating these two business groups.

No more has been announced yet, but they should announce more by the time the next quarterly report is released, the latest.