Report Claims Sony May Close "Major Divisions"

A Reuters report (via Kotaku ) claims that Sony will probably announce closures of Japanese factories and "major divisions" in early February. The original report from the Times of London cites inside sources that claim the company will be making big changes, but Sony spokesperson Atsuo Omagari claims "we do not have any such plan." Last month, Sony announced it would be cutting around 8,000 employees by April of 2010, and closing two overseas manufacturing plants. A statement from Sony Computer Entertainment read, "In order to stay competitive in the accelerating global network environment, we will always carefully review and make structural changes, if necessary, in order to further expand and strengthen the PlayStation business around the world." It was also early last month that an analyst for CNN Money called the PlayStation 3 a sinking ship , citing declining sales and calling for hefty price cuts to ... (link)