I'm really saddened by this as Sony has already cut 10,000 people off its workforce and it seems more are coming judging by the above. I can't imagine the shock of those who are losing their jobs as they have families, bills, mortgage to pay, it's just bad. Sony is just too scattered. It needs to condense and be smaller. Many see Sony as an entertainment company (music, movies, gaming). Long are the days where consumers see Sony as a electronics company, Samsung has taken the reigns. Keep the profitable businesses which include Sony Financial, Sony Music, Sony Entertainment (Columbia) and Sony Computer Entertainment. Sell the other non-profitable assets like they did for its chemical business to the government.
Furthermore, there is no need for a new PS4 currently. PS3 has at least 2 more years in front of it and it is profitable. Showcase the PS4 console in 2013 and release it in November of 2014.
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