Sony to lay off upto 20K workers...

[DeadmeatGA]

Japan's Sony to cut 15,000-20,000 jobs globally: report
Sun Oct 19, 7:42 PM ET Add Top Stories - AFP to My Yahoo!

TOKYO (AFP) - Japan's Sony Corp (NYSE:SNE - news) (news - web sites). plans to cut 15,000-20,000 jobs or about 10 percent of its global group workforce by the end of March 2006, as it pulls out from unprofitable operations, a report said.

Sony will also cease domestic production of cathode-ray tubes for television sets by the end of next year, the Nihon Keizai Shimbun reported, without citing sources.

The electronics giant will announce the moves on October 28 when it unveils new structural reform plans to be completed by the end of March 2006, the economic daily said.

Sony plans to make the job cuts from the global workforce of 160,000 by inviting early retirement and curbing hiring, it said.

The firm is considering cutting 1,500-2,000 payrolls on a parent-only basis, the paper said.

It intends to pull out of unprofitable and non-strategic operations, which account for more than 10 percent of its business areas exceeding 100, it said.

Sony decided to withdraw from domestic production of television tubes because demand for conventional TVs is expected to decline on the back of rapid growth in flat-panel TVs, such as models with liquid crystal displays, it said.

It will procure television tubes from other factories of the group in four other countries, including the United States and China, after ceasing production in Japan, it said.

No immediate comment on the report was available from Sony.

Cash-strapped Sony group might start cutting fab investment as well and derail Kutaragi Ken's sub 65 nm fab plans...

 

[Vince]

Cash-strapped Sony group might start cutting fab investment as well and derail Kutaragi Ken's sub 65 nm fab plans...

Can we stop with the off-topic posts in this forum? Your just a troll, plain and simple, who is trying to get a rise out of this board.

This doesn't even belong in the 3D Companies and Industry forum it's that OT. Hopefully, JVD will do what needs to be done.

 

[Citan]

But we all know that SCE is loosing tons of money and is surely on the chopping block next.

 

[Josiah]

I don't think this will affect anything to do with the Playstation line, present or future...

 

[marconelly!]

TOKYO (AFP) - Japan's Sony Corp (NYSE:SNE - news) (news - web sites). plans to cut 15,000-20,000 jobs or about 10 percent of its global group workforce by the end of March 2006, as it pulls out from unprofitable operations, a report said.

Good for Sony (they needed this, too much unprofitable stuff that was pulling their profitable operations down) but sucks for those people

But we all know that SCE is loosing tons of money and is surely on the chopping block next.

Yah... next cut has GOT to be where they will hurt themselves most!

 

[cybamerc]

Vince:

> Can
> we
> stop
> with
> the
> off-topic
> posts
> in
> this
> forum?

I don't see you bitch when similar news is posted about Nintendo... or M$ for that matter.

 

[zurich]

I don't see you bitch when similar news is posted about Nintendo... or M$ for that matter.

Christ, this isn't even SCE.

 

[cybamerc]

zurich:

> Christ, this isn't even SCE.

Neither is PSX and Cell isn't limited to SCEI products.

 

[Phil]

cybamerc:

zurich:

> Christ, this isn't even SCE.

Neither is PSX and Cell isn't limited to SCEI products.

They're both console related.


EDIT: just a typo

 

[maskrider]

zurich:

> Christ, this isn't even SCE.

Neither is PSX and Cell isn't limited to SCEI products.

At least there are direct links to SCE for PSX (PS2 incorporated) and Cell (being the architecture of PS3).

May be later on we will have news report here when a Sony staff was promoted/demoted/fired.

 

[cybamerc]

Phil:

> Their both console related.

And this is related to the company that makes those products and is therefor relevant.

 

[Phil]

Phil:

> Their both console related.

And this is related to the company that makes those products and is therefor relevant.

Actually not as relevant as if the news were about SCE (given that they operate as a functional, independend company). Going by that logic, anything intel would be console related because they delivered the CPU in Xbox - or lets start discussing the PC sector since that is Microsofts main market.

Until this gets SCE related, I don't see how this is even interesting to "console talk". Given that the author of this thread failed to address anything relevant (and you seem to see some relevance in it) - why don't you pick up where he stopped? Maybe it'll become relevant then...

 

[cybamerc]

Phil:

> Actually not as relevant as if the news were about SCE

That I can agree with.

> Going by that logic, anything intel would be console related because
> they delivered the CPU in Xbox



SCEI is part of the Sony Corporation. M$ is not part of Intel. This news is telling of Sony's financial situation. Something that is very much relevant to this board going by previous discussions.

> or lets start discussing the PC sector since that is Microsofts main
> market.

If you can draw parallels to the Home and Entertainment division I don't see a problem with that.

 

[Phil]

> Going by that logic, anything intel would be console related because
> they delivered the CPU in Xbox

Exactly my point, thank you.

> or lets start discussing the PC sector since that is Microsofts main
> market.

If you can draw parallels to the Home and Entertainment division I don't see a problem with that.

Precisely, and those parallels are missing in this thread. There's plenty of room for speculation (as with many things), yet there isn't a true basis for a relevant argument just yet. We'll see when we get there.

 

[cybamerc]

Phil:

> Precisely, and those parallels are missing in this thread.

You can't think for yourself?

> yet there isn't a true basis for a relevant argument just yet

When has that ever been a criteria on this board?

 

[chaphack]

not surprisingly and make sense. Sony is in the deeps and are on the process of transition. I hope they buckle fast and well, i would also like to see more focus coming from their products.

CELL is looking more and more, not just a technological wildcard, but also an economical + survivor wildcard, for Sony and SCEI.

I hope KK and his team dont go under due to their BIG visions. I love their stuffs. Great team they are. Hope they survive the big CELL 'o'. Yeay for synergy convergence. It will be tough when you have old timer MS breathing down your neck, but GO SONY GO!

 

[Phil]

cybamerc:

> Precisely, and those parallels are missing in this thread.

You can't think for yourself?

I'm not in the speculative mood to waste my time on things that are hardly relevant.

> yet there isn't a true basis for a relevant argument just yet

When has that ever been a criteria on this board?

Given that there are others questioning this threads relevancy, I suppose it is.

 

[London Geezer]

JVD, i invoke thee...

i mean, the initial topic was pretty much Deadmeat-standard, we all got used to that already.... the abuse after that shouldnt be there at all though....

 

[rabidrabbit]

not surprisingly and make sense. Sony is in the deeps and are on the process of transition. I hope they buckle fast and well, i would also like to see more focus coming from their products.

CELL is looking more and more, not just a technological wildcard, but also an economical + survivor wildcard, for Sony and SCEI.

I hope KK and his team dont go under due to their BIG visions. I love their stuffs. Great team they are. Hope they survive the big CELL 'o'. Yeay for synergy convergence. It will be tough when you have old timer MS breathing down your neck, but GO SONY GO!

I'm not quite buying into this 'Cell will be the only processor technology Sony should/will be using in its consumer equipment' you seem to believe.
'Cell' is still far ahead in the future, at least it's effects outside the SCEI.

KK and team's 'big Cell vision' may or may not be feasible. As far as we know, Cell might only be used in some 'Sony Cell' product line, that contains PS3, some cellphones, some TV models, some AV equipment etc... I don't even believe that Sony would go 'pure Cell' across whole company product line.
It's not that Sony's future depends on Cell. There are, and will be plenty of suiteble proccessors Sony may use over their own Cell.
Some people even think of wild rumours based of some news that Sony will be using Intel processors in some cell phone models (instead of yet to exsist Cell ), when in fact it's just a question of what is available now and in what competitive cost.

Chap, I think Sony are not as much worried of 'old timer MS breathing down their neck' (old timer compared to Sony in what area??? OS's? supporting Intel??? ) as MS is of Sony to capture a big share of a market they have tried to create/enter for years (Multimedia PC at home).
Even more, I think Sony is, or at least should be more afraid of companies like Matsushita, Philips, Pioneer etc...
I mean, a home multimedia system is no more a thing you'd think only a company with much experience in computers and operating systems could compete (living room operating systems being (preferably) much simpler than PC os'es)

 

[jvd]

Just to let u guys know I'm on vactation in singapore. Lucky my fathers company got us a wired hotel room.

Lets stop with the pissing contest. I'm locking this because of the fighting. But i think its as valid as posting nintendos losses . We were able to talk about that like adults why couldn' we here ?