As part of their plan to slice into losses of 250 billion Yen for fiscal year 2009, Sony will be reducing their headcount in pictures, music and games.
Exactly how this will affect the PlayStation brand is unknown. Sony also reveal plans to cut investment in ”marketing, logistics” and trim ”other general expenses”.
”The most important thing for us as a company in the very short term is for us to start making money,” said SCEE boss David Reeves earlier this month. ”This is a pledge that was made last March and is something that we are still very much on target to achieve.”
Analysts have warned that Sony Corp needed to make ”drastic” decisions in order to save the company from heavy financial bleeds. The fact the PlayStation division is getting hit shows just how serious the cash flow situation has become for Sony.
Source: VideoGamer.com