foxtail said:
Electronics are big portion of what makes up Sony. Of Sony's 140,900 employees - 101,700 work in the Electronics business segment.
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. |
First Quote: So, if Sony continues to downsize and let's say cut phones, and cameras. That leads me to believe they rid themselves of a ton of employees, as well as two struggling sectors, right? Wouldn't that have a positive effect? I mean, sure it sucks for those employees, but if the ultimate goal is to save Sony, they've gotta do it (should've done something awhile ago too).
Second quote: Yes, they sold off Vaio and spun off the TV's, however, they are still paying quite a bit for those two divisions (salaries and warranties, if I remember correctly), and will continue to until after the 2015/16 fiscal cycle ends, right? So, we won't truly know how they're doing until the reorg is complete (unless I got my info wrong, of course).
