THE BORE

General => The Superdeep Borehole => Topic started by: Bocsius on January 21, 2009, 10:56:28 AM

Title: Sony to announce restructuring plans
Post by: Bocsius on January 21, 2009, 10:56:28 AM

http://news.yahoo.com/s/nm/20090121/bs_nm/us_sony_5

Quote

TOKYO (Reuters) – Sony Corp is preparing to announce on Wednesday or Thursday details of its December restructuring plan, including where job cuts will fall, the Financial Times reported.

The newspaper said Chief Executive Howard Stringer was facing resistance to cutting jobs in the electronics division and in Japan.

A Sony spokesman declined to comment on the report.

Sony unveiled plans last month that called for curbing investment, exiting businesses and cutting 16,000 jobs.

A source has also said that Sony will likely suffer an annual operating loss of about $1.1 billion, its first such loss in 14 years, due to sluggish sales and a stronger yen.

Sony shares fell 3.5 percent to 1,955 yen in morning trade, underperforming a 2.7 percent decline in the benchmark Nikkei average.

Maybe it will work better for them than it did for Circuit City.

Title: Re: Sony to announce restructuring plans
Post by: Diunx on January 21, 2009, 11:02:57 AM

I hope that they restructure ps2 bc back on the ps3.

Title: Re: Sony to announce restructuring plans
Post by: Van Cruncheon on January 21, 2009, 11:03:32 AM

:teehee

Title: Re: Sony to announce restructuring plans
Post by: Bloodwake on January 21, 2009, 11:07:22 AM

Quote from: diunx on January 21, 2009, 11:02:57 AM

I hope that they restructure ps2 bc back on the ps3.

QUOTED FOR FUCKING TRUTH SONY

QUIT SUCKING

Title: Re: Sony to announce restructuring plans
Post by: ToxicAdam on January 21, 2009, 11:23:40 AM

Sounds like your typical corporate restructuring. They save the jobs at their homebase and pet projects and fuck everyone else.

Title: Re: Sony to announce restructuring plans
Post by: WrikaWrek on January 21, 2009, 11:48:13 AM

Completely standard practice. Sony does this every year.