Here Come The Sony Job Cuts

Looks like 10,000 people are being cut.  You can get more details here at layoffwatch.


  • Issues with the Japanese economy and the TV market seem to be a big part of this.
  • This is not the first time Sony has done big layoffs – in fact they’ve done some with selloffs and consolidation recently.  I’d say this is more of a trend.
  • The cuts are, obviously, in the display area.  Half the cuts are unspecified – so get ready for politics.
  • Some execs are being asked to return their bonuses.  This may be an act to force contrition and look like accountability – which I buy.  So I think Sony has an image concern.
  • Considering Sony’s reach this could affect various Geekonomic-heavy cities/areas, so pay attention.

Steven Savage