Sony Europe cutting jobs.

Dart

Moderator
http://enews.earthlink.net/article/bus?guid=20070418/4626e940_3421_1334520070419-1883773939

TOKYO - Sony's European video-game unit is cutting jobs to grow more competitive, a company spokesman said Thursday, as the just-launched PlayStation 3 machine struggles against rival offerings from Microsoft and Nintendo that beat it to the market.

I guess in the world of big business, putting people out of work is a great way to become more competitive. What do you all think??

More dirt:
Nintendo's Wii went on sale late last year in Europe, about the same time it hit stores in Japan and the U.S. It was expected to meet Nintendo's target for a global shipment of 6 million machines by the end of March, company spokesman Yasuhiro Minagawa said.

It has not yet released final shipment figures for the fiscal year through March, but Kyoto-based Nintendo expects to have manufactured 7 million Wii machines during the same period.

Microsoft has sold 3 million Xbox 360 machines in Europe, where it went on sale in 2005, and the U.S. software company has shipped more than 10 million Xbox 360 consoles worldwide.
 
Grindspine said:
Seeing a large number of people laid off from a major industry is never a good thing.

Yeah, it's something that I don't understand. I've been working at a company that since it opened in 1960, has never laid off any workers or closed stores for profit reasons. Maybe that's why it's so puzzling to me.
 
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