261w ago - Sony has announced plans to cut 8,000 electronics jobs - 5% of the division - as well as shutting 10% of its manufacturing sites.
The company said the jobs would be cut by April 2010 but did not say in which countries the staff would go. Sony said it had been trying to reduce production because of the downturn but warned it still had to do more.
The news came as Japan drastically raised its estimate of the amount its economy shrank from July to September. The Cabinet Office said the economy had shrunk at an annual rate of 1.8% in the quarter, down from its previous estimate of 0.4%.
Sony aims to generate cost savings of about 100bn yen ($1.1bn; £730m) by the end of the next financial year. It will cut its investment in electronic operations by 30% and shut down about 10% of its 57 production facilities.
"The number sounds big, but this staff reduction won't be enough," said Katsuhiko Mori, a fund manager at Daiwa SB Investments.
"Sony doesn't have any core businesses that generate stable profits - the next thing we want to see is what is going to be the business that will drive the company."
267w ago - Expanding on the previously published Radio Shack trade-in program, Best Buy offers a similar program, albeit online only (linked above, you can't bring your old stuff to a retail location).
Box up your stuff and send it with their postage, get it approved, and receive back a Best Buy gift card. I dumped a working 1st gen touch wheel 20GB iPod for ~$40.
I also dumped an old cell phone for ~$20 Decision... recycle at municipal collection for nothing or let Best Buy recycle it and pay me for it?
A working 40GB PS3 with one controller and all connections gets you $102. Hey, that's better than $23 from RadioShack, right?
285w ago - Greenpeace has produced it's report on green elecronics companies and Sony Ericsson appears to have come out on top. Although from their graph, Sony looks to be in the same postion but only the joint venture gets a mention and quite frankly I was too bored to read any deeper!
Sony Ericsson are the cream of Greenpeace's Greener Electronics Guide for exceeding Energy Star requirements, making all its models PVC-free and banning the most harmful chemicals from phones launched since January 2008. Although victory isn't so sweet as all the competition seem to have given up the race in favor of new features (are you listening Apple and Microsoft?)
To quote: Greenpeace "The Greener Electronics Guide is our way of getting the electronics industry to face up to the problem of e-waste. We want manufacturers to get rid of harmful chemicals in their products. We want to see an end to the stories of unprotected child laborers scavenging mountains of cast-off gadgets created by society's gizmo-loving ways."
So we should all be buying using our green conscience and not who has the coolest gadgets... I think Greenpeace may struggle to get that one past most folks on PS3News.com.
297w ago - The Consumer Electronics Association (CEA) will be welcoming the former chairman and CEO of Sony Computer Entertainment, Ken Kutargi, into its Hall of Fame.
Kutargi, know as the "Father of the PlayStation," was instrumental in the creation of the Sony Computer Entertainment division and the original Playstation.
The CEA said that its Hall of Fame "honors leaders whose significant contributions make the consumer electronics industry a vibrant, dynamic and vital part of our nation and its economy."
To quote: A few of the other inductees into the Hall of Fame include Dr. Fritz Sennheiser, a pioneer in microphone and headphone technology who founded Sennheiser Electronic Corp. in Hanover, Germany; Martin Cooper and Donald Linder, who led the Motorola engineering team that developed the first mobile phone, the DynaTAC, in less than six months; and Warren Lieberfarb, former president of Warner Home Video, who was dubbed by Variety as "The Father of the DVD."