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Title: Sony announces huge round of layoffs as it breaks off TV business, dumps PCs

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    hhhenry is offline Master Gamer
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    Default Sony announces huge round of layoffs as it breaks off TV business, dumps PCs

    Sony announces huge round of layoffs as it breaks off TV business, dumps PCs BGR.com By Zach Epstein 5 hours ago The good news it that the rumors were true: Sony announced on Thursday that it has managed to offload its floundering PC business and the Vaio brand to Japan Industrial Partners, and the deal will close by the end of March. The awful news, however, is that word of the deal comes alongside the announcement that Sony plans to lay off 5,000 workers by March 2015, which marks the end of the company’s fiscal year. Sony also said on Thursday that it will spin off its TV business into a separate subsidiary by July of this year, and the aforementioned layoffs will span across both the TV division and the company’s PC business. The company will retain a 5% in the PC business following the sale to JIP. Sony’s mobile arm saw sales increase during the holiday quarter but the company now forecasts a massive full-year loss of about $1.1 billion.

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    hhhenry is offline Master Gamer
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    Default Re: Sony announces huge round of layoffs as it breaks off TV business, dumps PCs

    Sony closing North American ebook store Sony announced Thursday it was closing its ebook store for North America, and giving its customer list to rival Kobo

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    Dawn73's Avatar
    Dawn73 is offline Master Gamer
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    Default Re: Sony announces huge round of layoffs as it breaks off TV business, dumps PCs

    Lul .
    Narwhales. Bai.

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    Dawn Springlight's Avatar
    Dawn Springlight is offline Master Gamer
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    Default Re: Sony announces huge round of layoffs as it breaks off TV business, dumps PCs

    now doesn't that just make you want to buy a package with beta code keys for the new game they are working on?
    Zalesana likes this.

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    Zalesana is offline Master Gamer
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    Default Re: Sony announces huge round of layoffs as it breaks off TV business, dumps PCs

    Quote Originally Posted by Dawn Springlight View Post
    now doesn't that just make you want to buy a package with beta code keys for the new game they are working on?
    Or regret buying one far before the game closings were announced..






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    hhhenry is offline Master Gamer
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    Default Re: Sony announces huge round of layoffs as it breaks off TV business, dumps PCs

    oops - put a messge in the worng thread. disregard
    Last edited by hhhenry; 02-14-2014 at 04:06 PM.

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    taylorskydawn's Avatar
    taylorskydawn is offline Master Gamer
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    Default Re: Sony announces huge round of layoffs as it breaks off TV business, dumps PCs

    So they are broke.
    THANKS FOR THE MEMORIES

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    hhhenry is offline Master Gamer
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    Default Re: Sony announces huge round of layoffs as it breaks off TV business, dumps PCs

    Quote Originally Posted by taylorskydawn View Post
    So they are broke.
    Not exactly but working on it. Nobody wants to lend them money except at pay day loan rates (and lenders need very high interest because they don't necessarily think they'll get paid back.) Greek debt is junk bond. (do a google on junk bonds). Donald Trump did quite well borrowing with junk bonds, succeeding, and paying them off.

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