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Originally Posted by DaleDe
True enough but the changes are significant for a different reason. It seems that Sony is pulling production and service back to Japan. The entire TV production in the US is being shut down and even the service centers are being shut down. So it is more than just reducing the work force.
Dale
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Can you blame them?
"TOKYO/SEOUL -- Sony Corp and LG Electronics Inc stunned investors on Thursday, warning of big losses, underlining the deep pain in the consumer electronics market as demand crumbles in a brutal global downturn.
Japan's Sony, maker of Bravia flat TVs, Cyber-shot digital cameras and PlayStation game machines, said it would post a bigger-than-expected
US$2.9-billion operating loss this business year due to sliding demand, a stronger yen and as it restructures its ailing electronics operations."