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Sony to close "Major divisions" next month?

Sony is in trouble right now. They've already had to let thousands of employees go. Now they're ready to close factories in Japan and close major divisions according to the Times of London. Sony of course has denied that any such plan exists. "We do not plan to announce additional restructuring measures at this time," spokesman Atsuo Omagari said, in response to the report. "We don't have any such plan."

Sony said last month that it would cut 16,000 jobs, curb investment and pull out of businesses for savings of 100 billion yen a year, as the holidays failed to coax spending.

If this does happen, exactly what major division(s) will close? Sony doesn't have that many. There's Digital Cameras HDTVs, Blu-Ray and the games division.

I find it hard to see Sony killing the Playstation, but I also can't see them doing the same to their cameras or televisions.

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Comment By Kevin J Baird - Read more...

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