Sony to sell Tokyo building to fund its restructuring

[pokoko]

DirtyP2002 said:

pokoko said:

BluGamer23 said:

pokoko said:
I know people are going to make a big deal about this, but isn't this kind of logical? They're cutting thousands of jobs, especially in the TV division, doesn't it make sense that they would need less space? I would think property consolidation would be an expected aspect of employee downsizing.

 

"they would need less space"<-- LOL .. SDF till the end aye! .. not long to go!

What are you talking about?  So ... you -don't- think having thousands less employees would require less space?  Seriously?  You're saying that they should keep property levels the same?  That's doesn't even ... I mean, what?  Unless I'm misunderstanding you somehow--I hope so.  Please, explain how that isn't a logical step.

Okay, the 10.000 people are in factories. This is an office-building. And Sony sold it to rent it back. They just needed the cash and this was the easiest way to get it even though they need to pay more for it.

Thanks for the sane reply.  While I disagree that all the jobs cut will be in factories only, as middle management is often hit hard during restructuring, I didn't know that Sony would be renting this building back.  I just assumed they would be consolidating staff in other locations, the way they did with their last development studio cut.