Sony laying off up to 16,000 by March of 2010!

And you though Microsoft was having a bad year.  Sony, who will post a massive net loss of $2.9 billion will be letting 16,000 employees go between now March of 2010.  Interesting side note: Sony hasn’t had an operating loss in 14 years.  The change that is coming to Sony won’t be the most fun, or fair.  The changes include everything from the bleeding of employees, to shutting several plants, cutting back at others, paycuts, early retirement options, as well as restructured management.  Hopefully the economy starts going uphill and soon.

Source: Boy Genius, Daily Tech

Author: Mike Norris

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Gadget lover, smartphone collector, and beer connoisseur. I've been writing about gadgets for three years now and loving every minute of it. Outside of the digital landscape, I enjoy being active outdoors. I'm always up for a good conversation, so feel free to drop me a line!