Archive for the ‘Layoffs’ Category

Sony Layoffs Due To Lack Of PS3 Sales?

June 7, 2007

“Reported layoffs at Sony may serve as another wake-up call to the company’s current struggles in today’s gaming market, but an executive denies that PS3 sales are to blame.”

“”This move is not wholly related to any one product in our portfolio,” Karraker wrote. “More accurately, it is reflective of shifts in the marketplace and in consumers’ wants and needs, such as the rise of digital content delivery and networked services. In order to maintain our market leadership, the management of SCEA has found it necessary to analyze the business and restructure the company as necessary.””