Author Topic: Sony to announce restructuring plans  (Read 614 times)

0 Members and 1 Guest are viewing this topic.

Bocsius

  • is calmer than you are
  • Senior Member
Sony to announce restructuring plans
« 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.

Diunx

  • Humble motherfucker with a big-ass dick
  • Senior Member
Re: Sony to announce restructuring plans
« Reply #1 on: January 21, 2009, 11:02:57 AM »
I hope that they restructure ps2 bc back on the ps3.
Drunk

Van Cruncheon

  • live mas or die trying
  • Banned
Re: Sony to announce restructuring plans
« Reply #2 on: January 21, 2009, 11:03:32 AM »
:teehee
duc

Bloodwake

  • Legend in his own mind
  • Senior Member
Re: Sony to announce restructuring plans
« Reply #3 on: January 21, 2009, 11:07:22 AM »
I hope that they restructure ps2 bc back on the ps3.

QUOTED FOR FUCKING TRUTH SONY

QUIT SUCKING
HLR

ToxicAdam

  • captain of my capsized ship
  • Senior Member
Re: Sony to announce restructuring plans
« Reply #4 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.


WrikaWrek

  • Let your soul glow
  • Senior Member
Re: Sony to announce restructuring plans
« Reply #5 on: January 21, 2009, 11:48:13 AM »
Completely standard practice. Sony does this every year.