Sony To Cut About 10K Jobs

Pichu0102 writes "Reported by the Washington Post, Sony says it will cut about 7% of its jobs as well as sell about $1 billion of it's assets. It also will declare a loss for this year." From the article: "To help boost efficiency, Sony said it has abolished the company system that Stringer said was preventing different business units from communicating freely, causing overlap in development and missed opportunities in the market. The electronics group will be reorganized to place centralized decision-making over key business areas under Ryoji Chubachi, who became Sony's new president and electronics CEO in a major overhaul of management in June." Another reorg on the heels of Microsoft's decision from earlier this week.

Sony going Open Source!

[scovetta]

Sony said it has abolished the company system that Stringer said was preventing different business units from communicating freely...

Sony is going Open Source???

Proprietary Employees?

[FrontalLobe]

I feel for the people losing their jobs... Will the be compatible with other companies?

Slashdot to cut apostrophes

[Anonymous Coward]

In a stunning move to increase its literacy level to the grade 3 level, Slashdot editors announced that they will eventually learn the difference between ITS and IT'S. Although no time table was given, pundits think that 15 years from now, a Library of Congress full of Beowulf clusters of unused apostrophes might accumulate because of this.

Call it the iPod effect...

[xxxJonBoyxxx]

Call it the iPod effect - Sony's stockholders were not too pleased to see the people who brought you the Walkman get smacked around by the fucking iPod.