sony just might go under...along with ford, gm, wamu....

hopefully it goes okay and has no effect.. .. they might be porting a bit of buisness outside of japan to make up for the strong yen.

Sad for all the people who lost their jobs though. :(

I bet that Sony Ericsson is in trouble, there has been news in the past about that venture ending.

Would be silly to leave gaming. Plus there'd be no Sony fanboys to pick on :(

It'll be interesting to see who gets cut.

I think that we may see a few devs get downsized. (Sony London, Millinium Kitchen, the HSG people)

making room for lvl-5 confirmed?

thats in america, japan is different, japan ceo take much less

japan airlines CEO pay check it's less than pilots.

Goodbye Sony Ericsson! This one will end for sure.

and a maybe goodbye to Sony Pictures. This one wasn't that profitable lately. Hancock and James Bond might have helped, but in general, Sony Pictures is struggeling.

But a 1.1 billion USD of costs need to be reduced. Does this show something about a PS3 pricecut? Sony just can't get even deeper in the reds with the PS3.

I've been saying this over the last year. Sony overspent in winning the HD war, and are now in a crunhing situation. What good is slashing prices if you're losing money on the item? How is that good business case analysis in this current economic environment. I only took a few economic theory courses, but unless you REALLY expect massive growth, there's no way to rationalize such an investment. Sony is FAR from dead, but 8000 jobs cut is a signifigant amount of jobs to be slashed, and they are shutting down 10% of their manufacturing capability...not good.

 how on earth can the thought even cross your mind of sony pictures going under? it has been very very very profitable. sure they may hit some dry spells every couple months with medicore movies but they have huge hits that earn them so much moolah