VGKing said:
Exactly. It's a start. Plus they are restructuring and letting go of 10k employees. You can't say that Sony isn't trying. |
Didn't see you had posted this.
In fact you are wrong, the cutting of staff is a drastic emergency measure - that kind of thing doesn't happen unless the company is in serious trouble. The end result is either a healthy company albeit much smaller and worth much less than it was, or a company that still can't compete even on it's core business and becomes a shell of the conglomerate it once was.
There's no genuine talking of Sony going tits up, but their actual company could shrink to less than half it's current size. That's permanent, and would take 10s of years to rectify.
I don't think you understand the gravity of all this credit rating stuff, and the cutting of 10,000 staff. The 10,000 staff will be only the beginning. Not a chance that alone will bring sony back. They need to get rid of numerous divisions that aren't making a profit. They are nowhere near this, all you hear is spin from the likes of Kaz, he's full of shit. Howard Stringer might have come across as a fat buffoon, but Kaz is japanese and loyal - NOT what Sony needs right now, it needs new thinking.
