First phase of Sony's plan to lay off 10,000 people underway

www.ign.com/articles/2012/10/19/sony-announces-major-layoffs-as-part-of-restructuring-plan

"Back in April, it was rumored that Sony under significant financial duress would soon lay off 10,000 workers, or about 6% of the company. Sonylater confirmed the plans, noting that they anticipate hitting their goal by the end of 2012 in a bit to regain global competitiveness.

Today,Reutershas revealed that a phase of that plan is underway, though theyve now pushed back the trimming of its global headcount by 10,000 [workers] to March of 2013.

The report notes that Sony will cut staff at its Gifu, Japan headquarters by one-fifth (or about 2,000 workers) and close factories dedicated to the creation of mobile phones and camera lenses. Additionally, 1,800 more workers will be lost at a chemical business that Sony unloaded to a Japanese bank.

Sony operations in Europe will also be affected. 2,000 workers are expected to lose their jobs there, half at a joint mobile phone venture with Ericsson that recently ran its course. To reach the 10,000 worker mark, the remaining job losses will be at other factories around the world, Reuters report states.

Predating Sonys announcement of the massive restructuring, the companyreported a loss of over $2 billion. Things are improving at Sony, however; while still in the red, the company only reporteda $312 million lossin August, indicating that Sonys serious financial wounds may be healing.

Indeed, Sonys hope is to save $378.6 million a year by cutting these 10,000 jobs, indicating that, if the company reports a similar financial situation at the end of this quarter, they may be back in the black.

Our best go out to all affected by the layoffs."

why didnt you put link in first post?:question:

why didnt you put link in first post?:question:

free_milk

I tried the tell these cows that their hero Sony was going broke but they just buried their heads in the sand and hoped it would all go away. Sony will become a publisher like Sega soon enough.DarthClark

[QUOTE="DarthClark"]I tried the tell these cows that their hero Sony was going broke but they just buried their heads in the sand and hoped it would all go away. Sony will become a publisher like Sega soon enough.kuraimen

I tried the tell these cows that their hero Sony was going broke but they just buried their heads in the sand and hoped it would all go away. Sony will become a publisher like Sega soon enough.DarthClark

Don't blame them bro since they have been too busy talking about Xbot this... Xbot that....:P

[QUOTE="kuraimen"][QUOTE="DarthClark"]I tried the tell these cows that their hero Sony was going broke but they just buried their heads in the sand and hoped it would all go away. Sony will become a publisher like Sega soon enough.JohnnyCageMK

[QUOTE="kuraimen"][QUOTE="DarthClark"]I tried the tell these cows that their hero Sony was going broke but they just buried their heads in the sand and hoped it would all go away. Sony will become a publisher like Sega soon enough.JohnnyCageMK

*Patiently waiting for the d-bag to proclaim 10000 people becoming jobless as a victory.

Victory! :(

finally, filtering the crap so now the games will be even more quality will real devs only remainingPinnacleGamingP

[QUOTE="DarthClark"]I tried the tell these cows that their hero Sony was going broke but they just buried their heads in the sand and hoped it would all go away. Sony will become a publisher like Sega soon enough.kuraimen

[QUOTE="PinnacleGamingP"]finally, filtering the crap so now the games will be even more quality will real devs only remainingBlabadon

[QUOTE="Blabadon"][QUOTE="PinnacleGamingP"]finally, filtering the crap so now the games will be even more quality will real devs only remainingPinnacleGamingP

[QUOTE="PinnacleGamingP"]finally, filtering the crap so now the games will be even more quality will real devs only remainingBlabadon

finally, filtering the crap so now the games will be even more quality will real devs only remainingPinnacleGamingP

Wow, the mad cow disease syndrome has really taken a heavy toll on Cows, me thinks...:lol:

[QUOTE="PinnacleGamingP"][QUOTE="Blabadon"] What the f*ck is wrong with you?Blabadon

[QUOTE="kuraimen"][QUOTE="DarthClark"]I tried the tell these cows that their hero Sony was going broke but they just buried their heads in the sand and hoped it would all go away. Sony will become a publisher like Sega soon enough.mems_1224

finally, filtering the crap so now the games will be even more quality will real devs only remainingPinnacleGamingP

Ah, so I guess you're a victim of the first phase then.

So what are sony getting rid of?!dobzilian

[QUOTE="kuraimen"][QUOTE="mems_1224"] wait, i forget, what company is releasing one of the biggest console exclusives in 2 and a half weeks? oh yea Blabadon

Anniversary :P

Children and imbecile claiming ownage over the impending loss of 10,000 jobs in todays economy. Makes me feel sad.

The industry is heading towards another ATARI-like era crash and everyone is just too dumb to realize.

Damn shame that so many people have to lose their job because of Sony's reprehensable arrogance and absolutely idiot business decisions. What the f*ck happened to Sony?

So what are sony getting rid of?!dobzilian

[QUOTE="Blabadon"][QUOTE="kuraimen"] Oh you mean that game they release every year? lolRR360DD

Anniversary :P

This should make the xenophobes happy.

Bigboi500

Company wars... Yay?santoron

This should make the xenophobes happy.

Bigboi500

[QUOTE="JohnnyCageMK"][QUOTE="kuraimen"] Lol lems are praying for that. Maybe that way they'll have games.game_masta14

by giving a game an 8/10 using a .5 scale when most of the reviews were in the 7/10 range?

[QUOTE="Bigboi500"]

This should make the xenophobes happy.

Frostbite24

xenophobe? who would do that?

sad for those people and families affected... but the gravy train of missmanagment had to end at some point. still its sad.

sad for those people and families affected... but the gravy train of missmanagment had to end at some point. still its sad.

TheEroica

*Patiently waiting for the d-bag to proclaim 10000 people becoming jobless as a victory.

ShyGai

Yes, this^^^ seriously...

Fanboys are such pathetic wastes of oxygen...

[QUOTE="mems_1224"][QUOTE="delta3074"]except there hasn' been a Halo game every year on the 360,loldelta3074

[QUOTE="TheEroica"]

sad for those people and families affected... but the gravy train of missmanagment had to end at some point. still its sad.

DarthClark

Sony has been in trouble for a long time already and they havent fired as many people as they've been now

I'll point the finger to the economical crisis that has been assolating the world for quite some time now, like every other rational human being would do

You people are just loving to see people losing jobs aslong it is on your "rival" company...

Pathetic really...