Tag Archives: sony

Focus on gaming increased as Sony reveals turnaround plan

PlayStation has been given the full backing of Sony CEO Kaz Hirai today as the executive outlined a plan to reverse Sony’s sliding fortunes. The company has admitted that it will post a loss of around $6.4bn for the current financial year and shares in the company fell by seven …

Read More »

Sony forecasts $6.4 billion loss

Sony has announced it anticipates a $6.4b loss for the past year (ending in March 31st), upped from a previously announced forecast of $2.7b. Those math magicians can work out that’s a $3.7b difference in the wrong direction. The news follows Japanese outlet Nikkei’s report that Sony may be about …

Read More »

Sony to axe 10,000 jobs worldwide

Around 10,000 jobs will be axed across Sony’s worldwide operations over the next 12 months. The number represents six per cent of the company’s total workforce. Although unconfirmed as of yet, the report comes from The Associated Press and arrives only two days ahead of Kaz Hirai’s strategic update” on …

Read More »