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Sony To Cut 10,000 Jobs; To Concentrate On Cameras, Games, Smartphones

sjohnson
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Posted April 12, 2012 - By Stephen Johnson

Is Sony Making An Android/PlayStation Gaming Phone?

Sony today announced it is axing 10,000 jobs as part of a plan to pull out of a historically dismal financial spiral. The good news for gamers: Sony name-checked its gaming division as a key part of its strategy for recovery.

"As CEO, I take this very seriously. But at the same time, it strengthened my resolve to transform Sony," Kaz Hirai told  journalists at a press event. "Employees too want to restore Sony to its former glory and go beyond."

That glory will be restored by the company focusing on the company's electronics division, which included game systems, cameras and phones. Sony will be concentrating investment and technological development in its electronics division.

Personally, I'm curious what Sony's plans are for future handheld gaming systems. I wonder if that entire market isn't going to shrink drastically as smart phones become better and better gaming platforms.

Source: USA Today

Sony To Cut 10,000 Jobs; To Concentrate On Cameras, Games, Smartphones
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