In 2000, Sony was worth an impressive $200 billion. Today, some estimate that it has lost 90% of that value and is worth just $20 billion. A report from Reuters indicates that the latest cost-cutting strategy will involve laying off about 6% of the company’s workforce, or about 10,000 jobs. It is planning to sell off some [...]
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HDTV Almanac - The Incredible Shrinking Sony
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alfredpoor
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Roger Halstead
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Re: HDTV Almanac - The Incredible Shrinking Sony
It does surprise me that Sony has hit on hard times to this scale. Sony still makes a lot of products such as sensors for digital cameras.
However there are many of us who will not grieve for Sony, only for their out of work, workforce and the companies that are still depending on their products. At its peak Sony had open disdain for the end consumer of their products, destroyed the operating systems and programs on many computers and only admitted it when they had no other choice. In the end they were only forced to replace the CDs that had the root kit on them, but not to repair the damage they had done. They probably cost the consumers millions collectively and got out of it by replacing a few CDs to satisfy the courts.
No, they did not get my computers, but I knew of and heard of many that they did. My only thought for Sony is: Don't let the door hit you in the back side on the way out. Unfortunately their hard times will cause hard times for many others including a number of US manufacturers.
However there are many of us who will not grieve for Sony, only for their out of work, workforce and the companies that are still depending on their products. At its peak Sony had open disdain for the end consumer of their products, destroyed the operating systems and programs on many computers and only admitted it when they had no other choice. In the end they were only forced to replace the CDs that had the root kit on them, but not to repair the damage they had done. They probably cost the consumers millions collectively and got out of it by replacing a few CDs to satisfy the courts.
No, they did not get my computers, but I knew of and heard of many that they did. My only thought for Sony is: Don't let the door hit you in the back side on the way out. Unfortunately their hard times will cause hard times for many others including a number of US manufacturers.