mornelithe said:
Uh, what? No it's not. Without Banking and Insurance, Sony would've been done years ago. Their financial arm accounted for 63% of their profit in 2012. |
Electronics are big portion of what makes up Sony. Of Sony's 140,900 employees - 101,700 work in the Electronics business segment.
| mornelithe said: I can understand the comment pre-reorg, but wouldn't it be stupid as an investor to jump ship before the reorg fully takes form? (I'm not an investor, so I've no idea) Kowen? |
As for what effects the restructuring will have it's hard to say. They have already sold off the Vaio PC business and spun of TVs but what else are they going to do?
If you look at Panasonic's restructuring they have returned to profitability by moving towards industrial products and pursuing more corporate clients rather than focusing on consumer products and segments.
Panasonic also cut their workforce from 384,586 in 2010 to 271,789 in 2014 (-112,797 employees), albeit a lot of them were from overseas and Panasonic is still Japan's largest publicly traded employer. Sony has also made cuts too, 167,900 - 140,900 (-27,000 employees) in the same time frame.
Though with Sony being so electronics focused it's difficult to say what major changes it can and should make to regain profitability.
