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Sony announces huge round of layoffs as it breaks off TV business, dumps PCs

Discussion in 'Off-Topic Discussion' started by sparkyscott21, Feb 6, 2014.

  1. sparkyscott21

    sparkyscott21 Moderator Staff Member

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    The good news it that the rumors were true: Sony announced on Thursday that it has managed to offload its floundering PC business and the Vaio brand to Japan Industrial Partners, and the deal will close by the end of March. The awful news, however, is that word of the deal comes alongside the announcement that Sony plans to lay off 5,000 workers by March 2015, which marks the end of the company’s fiscal year.

    Sony also said on Thursday that it will spin off its TV business into a separate subsidiary by July of this year, and the aforementioned layoffs will span across both the TV division and the company’s PC business. The company will retain a 5% in the PC business following the sale to JIP.

    Sony’s mobile arm saw sales increase during the holiday quarter but the company now forecasts a massive full-year loss of about $1.1 billion.



    2-6-14

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  2. CatfishRivers

    CatfishRivers Well-Known Member

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    I was curious as to what product category Sony classifies their NSZ-GS8 Google TV device. Is it a television product? A kind of computer? A mobile device?

    Well according to the Sony Store (see link below) - the NSZ-GS8 falls under their "Home Theater" umbrella of products. So hopefully the layoffs & changes that Sony announced won't have any effect on whether or not the NSZ-GS8 gets updated to Jellybean:

    Internet Player with Google TV - NSZGS8 Review - Sony US


    *Note: In the Sony Store section titled "New For 2014" (in the Home Theater category) they have 4 new blu-ray players scheduled for upcoming release. Supposedly these blu-ray players support over 200 streaming services. No new upcoming GTV products for 2014 are currently listed in the Sony Store web site:

    http://store.sony.com/-cms-ces.2014.home.theater
     
    Last edited: Feb 6, 2014
  3. ChrisG8

    ChrisG8 Well-Known Member

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    I can't imagine this will have any impact on whether or not Sony updates a few Google TV products with a new operating system. I still believe it will happen, Sony isn't abandoning Android products and staff with the expertise to pull this off will remain. I went to a Sony store at the Galleria in Houston, TX recently, both the NSZ-GS8 and NSZ-GU1 were on display but no demo was running and there was no interest, except by me.
     
  4. CatfishRivers

    CatfishRivers Well-Known Member

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    Sony Looks To The Past To Move Forward | TechCrunch (click for full article)

    by Matt Burns - Feb. 8, 2014

    -- The PlayStation. The Walkman. The Trinitron. The transistor radio. All icons in Sony's storied history from an era when the Japanese giants still roamed the earth. The Sony of today is not like the Sony of yesterday. For every memorable blockbuster, there's an infamous flub: The late embrace of MP3, losing its hold on the digital imaging market and of course, failing to attract adoption to Betamax, UMD, MemoryStick, and endless other formats and systems.


    The Sony of today is a bloated industrial machine barely holding together. It's worn out and slowed to a crawl. The once innovative company now follows instead of leads. It's playing catch-up instead of breaking new ground. But things are changing.


    The Sony of tomorrow is looking leaner than ever. It doesn't look like the Sony of old with total market dominance, but for the first time in ages, Sony is becoming a competitor.


    Sony's harsh reaction to bloat is not the exception throughout the electronics world. HP is being crushed under its own weight. Samsung makes everything from semiconductors to home appliances to 50 ton war machines. Dell is shedding employees as it streamlines the only thing you get from a brand name PC these days - service.


    Read more at: http://techcrunch.com/2014/02/07/sony-looks-to-the-past-to-move-foward/
     
    Last edited: Feb 8, 2014
  5. overtimeman

    overtimeman Active Member

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    Even with the Sony name on it most of their products are made in China.In the 1970's if you had a Curtis Mathis TV or Craig Electronics you thought you had something.The Big Three and Detroit were the envy of the world.Then Toyota and Sony ruled the 1980's.Since the early 90's these South Korean automakers have jumped into the game and dug out a niche for themselves.Most of the time now companies slap their name on a Chinese manufactured product and we never know the difference.When I started my job twenty five years ago there were twenty people working in the department.Thanks to automation now five of us churn out the same amount.Times do change,just look at Detroit today.Sometimes companies like Sony and Detroit Automakers feel their mistakes when a recession as bad as the last one hits and the economy still hasn't fully recovered yet!
     
  6. CatfishRivers

    CatfishRivers Well-Known Member

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  7. pmcd

    pmcd Active Member

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    Assembled in China or on the moon by robots is neither here nor there. It is the design, the software, the quality of components, etc ... that matters. Just because something is assembled in country X does not mean it is a country X product. That may have been the case 50 years ago. Times have changed.

    Philip
     
  8. mrspock

    mrspock Active Member

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    If Sony was to layoff the people working on Google..err..I mean Android TV then it would really sad for those three people.
     
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  9. ulises1954

    ulises1954 Member

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  10. CatfishRivers

    CatfishRivers Well-Known Member

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