12-09-2008, 07:17 AM | #1 | ||
Final Five n°42
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Sony to cut 8,000 jobs
Full title of the article:
Quote:
http://www.reuters.com/article/newsO...4B816720081209 Excerpt: Quote:
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12-09-2008, 07:21 AM | #2 |
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See also the article on the BBC News web site:
http://news.bbc.co.uk/1/hi/business/7772597.stm As well as the 5% reduction in jobs, there will (more significantly as far as we're concerned, perhaps) be a 30% reduction in investment in the Electronics Division (which covers eBook readers). Any product line considered unprofitable is likely to be dropped. |
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12-09-2008, 10:36 AM | #3 |
Final Five n°42
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I was about to say that it was an "interesting" addition to the news article above, but I don't think that the term is adequate.
Maybe "preoccupying" is more adapted to the possible meaning for eBooks. |
12-09-2008, 10:53 AM | #4 |
Grand Sorcerer
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I hate to speculate, but this may be why Sony showed interest in Read an E-book Week 09 a few months ago, but has gone a bit quiet on the subject lately.
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12-09-2008, 12:59 PM | #5 | |
zeldinha zippy zeldissima
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server has found another article with even more dire news :
Quote:
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12-09-2008, 01:00 PM | #6 | |
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12-10-2008, 04:49 AM | #7 |
The Introvert
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No more new gen Sony Readers?
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12-10-2008, 04:57 AM | #8 |
Final Five n°42
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Yep, it seems like the first articles only mentioned the full-time jobs, overlooking the part-time and seasonal workers.
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12-10-2008, 12:56 PM | #9 |
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I wonder if the Reader business is in the black or not? It's a small division, I would imagine, but if it's cash-positive there's no reason to cut it. If they do, they may keep the cut small. I work in a small, little-known but profitable division of a huge, unprofitable company that just had big layoffs. We didn't get touched. My main concern when it comes to seeing new readers is that it looks like they may be putting less into R&D. That would be sad. Even though I'm a Kindle fan, I like having competition in the market and Sony is good at pushing the envelope with the hardware.
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12-10-2008, 01:22 PM | #10 |
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Well, it doesn't look as if Sony's device R&D had any impact on Amazon's device R&D at all...
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12-10-2008, 01:26 PM | #11 |
When's Doughnut Day?
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I hate reading things like this. I couldn't care less about the short-term future of the Sony Readers. The fear and havoc that comes with such large scale layoffs is depressing.
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12-10-2008, 01:49 PM | #12 |
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12-13-2008, 05:12 AM | #13 | |
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In the 15 years I've worked for my current employer, it's gone through a number of such exercises, most recently only a few months ago. |
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12-13-2008, 05:14 AM | #14 |
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I'm not sure that one can say that. Don't forget that Sony were the first company to come out with an eInk book reader - the Librie. That's been influential on everything that's followed.
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12-13-2008, 11:04 AM | #15 | |
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