By using this site, you agree to our Privacy Policy and our Terms of Use. Close
sales2099 said:
Fusioncode said:
sales2099 said:
Soooo they are now selling actual divisions of their company to stay profitable?

They're selling off unprofitable divisions. Kind of smart actually. Now they just need to get rid of their TV line. 

As an electronics company, it is a sign of weakness instead of trying to rejuvinate it. The TV line too. Selling off buildings is one thing, but cutting off your own limbs is a slippery slope.

The situation is much closer to removing a tumor filled/zombie bitten limb, as opposed to just a wounded one. The articles states this sale would be shifting them to a loss this year due to costs attatched. If rejuvination/healing was a cheaper option, I'm sure they would continued to try to do so. 



4 ≈ One