Tensions are rising within Sony over a restructuring aimed at cutting billions of yen from costs, with Sir Howard Stringer, its British-born chairman and chief executive, pitted against what one senior figure called an "old guard" of managers in its electronics division.
News of the clash comes as the Japanese consumer electronics group prepares to announce on Wednesday or Thursday, the details of a restructuring that was announced in December, including where job cuts will fall.
Managers in the company have told the Financial Times that Sir Howard's plans to cut 16,000 full-time and part-time jobs and restructure the company have met resistance from executives in its traditional manufacturing business.
Square Enix launches Final Fantasy X 25th anniversary site, revealing new Nomura art, books, music releases, and merchandise.
Look I know VIII has its issues and all that but how on earth can the do big anniversary events with new artwork and merchandise for VII, IX and X yet VIII got sweet f*** all.
They could have given it something during its 25th anniversary yet all it got was a single Happy Anniversary post on their social media.
they should know that we are OG fans of VIII as it sold truckload as well. not as much as VII or X. I personally didn't like IX but X and VI are my personal fav.
Shadow Hearts 2 covenant is another game I love. I hope one day someone can make remake, I would be delighted
Final Fantasy VIII is great and you are always the first to defend it in the comments
LucasArts gave Jango Fett his own game in 2002, and it pulled Star Wars into a much dirtier, rougher, and more interesting corner of the galaxy.
A brutal reset, a smarter story, and a return to what made it great—Mortal Kombat (2011) revived the series.
Underrated comment. I used to hate that game so much that any time my siblings asked me to play it, I just picked Hom and shut myself down mid-match.
15 years went by so fast. I remember playing through the story mode at launch.
You're going to need it. I hope he succeeds.
"Managers in the company have told the Financial Times that Sir Howard's plans to cut 16,000 full-time and part-time jobs and restructure the company have met resistance from executives in its traditional manufacturing business."
The "Traditional manufacturing business" part especially. I see a lot of the cuts and layoffs happening in the T.V., Cell Phone and portable devices departments. The other thing that leads me to believe this is the "Old Guard" figurative in the article. Looks like Sir Howard is looking at the less profitable once core business components of Sony. I could be wrong but the article does offer up some very subtle information. Good luck to those that get the axe, these are tough times and hope they can get back on their feet quickly. Good luck to Sir Howard as well and hoping he is able to turn Sony around and get them back in black.
16,000 jobs!?
Holy sh!t sony must be in more trouble than we thought...
Lets hope Kaz is one of those 16,000...