Sony layoffs around 100 employees, Immediately Posted by Wade "TNT" Hinkle,
Foster City (CA) - In its latest reorganization, Sony Computer Entertainment America has laid off nearly 100 employees, demanding they leave the premises immediately upon notice of termination. Sony says the layoffs are part of a restructuring effort as the company tries to steamline its operations and reduce costs. The company did not officially announced how many were let go, but media reports claim around 80 - 100 employees got canned, each receiving a severance package. The lackluster early sales of Sony’s Playstation 3, in addition to a recent patent settlement that hit the company in the amount of $97 million, have caused Sony to make multiple reorganization moves, including the resignation of Playstation founder Ken Kutaragi.
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