I can see for example GG closed if Killzone 2 won't sell a lot. FPS games especially exclusive ones haven't been that profitable on PS3. If FPS won't do it on PS3 and if GG can do only FPS, theres no need for them. I know that its not going to be a total flop like Haze was, but its not going to sell like MGS4 either.

http://news.softpedia.com/news/Sony-Expects-Killzone-2-to-Sell-Like-Metal-Gear-Solid-4-101408.shtml

If thats what they expect and if less is 'unacceptable', fate of GG has been written already.

(25% think that nothing will happen? o.O)

Downsizing is the way to go.  Companies like EA, Take2, Atari, Midway, etc show how difficult it is to make money on selling software and Sony has more 1st party developers than MS and are making games for the console with the smallest install base.  They need to eliminate the risky titles and stick to the profitable games like GT, LBP, Resistance, GOW, Uncharted, etc. 

Leaving the hardware business ala Sega would be a big mistake since they are close to being profitable and if they stick it out they could turn things around.  They might have to settle with 3rd place this gen and just focus on being profitable.  

With regards to next gen they should definitely go for value as opposed to having the most powerful console on the market.  Maybe having a smaller upgrade using a faster Cell processor, GPU, and more ram.  Basically make the transition from PS3 -> PS4 as painless for the developers and consumers.  Backwards compatibility is a key as they can convert the Playstation loyal to the next gen console. 

Just my .02.

Excuse me?

They are not closing down the Syphon Filter studio, even if they have apparently been twiddling their thumbs for one and a half years. Just slap them on the hand and tell them to get working on Syphon Filter PS3 already.

sony doomed, byebye playstation byebye sony

ohh wait look at all those games whoohoo!!!!

SONY PS3 RULES!

@rhisc:
they could start merging less efficient studios together so cutting unusefully expensive administrative workforce and execs in excess while trying to leave untouched productive workforce, programmers, designers, creatives, etc.