wraggster
January 21st, 2009, 20:54
Sony is in serious trouble and plans to announce details of a restructuring plan soon. The company is expected to confirm its first operating loss in 14 years and reports have circulated that it plans to close plants and, possibly, even whole divisions.
The Financial Times reports that Sony CEO Howard Stringer is facing serious resistance from the 'old guard' in Japan to fix (or save, depending on your perspective) the company. Certainly one of the more interesting pieces coming out of the alleged plan, is that Stringer wants to shift Sony's focus from hardware to software. If true, the PlayStation brand, along with Sony Computer Entertainment, would presumably be the main benefactors of such an upheaval.
http://www.joystiq.com/2009/01/21/report-stringer-wants-sony-focusing-on-software-old-guard-re/
The Financial Times reports that Sony CEO Howard Stringer is facing serious resistance from the 'old guard' in Japan to fix (or save, depending on your perspective) the company. Certainly one of the more interesting pieces coming out of the alleged plan, is that Stringer wants to shift Sony's focus from hardware to software. If true, the PlayStation brand, along with Sony Computer Entertainment, would presumably be the main benefactors of such an upheaval.
http://www.joystiq.com/2009/01/21/report-stringer-wants-sony-focusing-on-software-old-guard-re/