Sony game unit says plans to cut jobs in U.S.
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Sony Corp.&#39;s (6758.T) game unit said on  Thursday it planned to cut jobs in the United States and was  eyeing restructuring steps in Japan as it struggles to keep up  with industry rival Nintendo Co. Ltd. (7974.OS).
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Sony Corp. said on Thursday it sees no  need to change its target to ship 2 million units of its  PlayStation 3 game console worldwide by the end of December and  6 million by the end of next March.
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Sony Computer Entertainment plans to cut jobs in the U.S. and may restructure Japan operations.
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Reports operating loss of $1.91bn Sony has confirmed it intends to cut jobs at its Computer Entertainment Unit in the US, just two months after it announced plans to slash eight per cent of its European workforce.â¦
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Sony Corp. slashed the planned price of its delay-hit PlayStation 3 by one-fifth in Japan, preparing for a fierce fight against cheaper games consoles from rivals Microsoft and Nintendo.
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Market analysts from both In-Stat and iSuppli have told BetaNews they will soon be issuing reports which cut the overall market outlook for Sony's PlayStation 3, and one analyst is cutting his estimate for the entire market.
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Sony will cut spending on semiconductor development, may outsource PS3 microprocessor.
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Japanese electronics giant Sony cuts the price of its Playstation 3 in the US in an effort to boost sales.
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Sony Corp. 6758.T said on Tuesday it   would cut the price of its PlayStation 2 game console by about   19 percent to 16,000 yen ($138) in Japan as it gears up for the   eagerly awaited launch in November of the PlayStation 3.
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Sony Computer Entertainment, the game unit of Sony, will roll out worldwide a new, smaller version of the PlayStation 2 game console from the start of November, company President Ken Kutaragi said.
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Circuit City Stores, the second-largest U.S. consumer-electronics chain, said it is cutting about 850 jobs in the United States, on top of 3,400 eliminated in March, as it realigns store management.
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Electronic Data Systems plans to cut 15,000 to 20,000 jobs over the next two years, as the struggling technology services giant tries to slash costs and regain its footing.
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Sony Corp. has slashed the planned price of its delay-ridden PlayStation 3 by one-fifth in Japan, preparing for a sharp dogfight against cheaper games consoles from rivals Microsoft and Nintendo.
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Sony Corp. is likely  to cut its PlayStation 3 price again by year-end following this  week&#39;s $100 cut, a senior executive at Japanese game software  maker Capcom Co. Ltd. said.
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Sony Corp.  will cut back on  future chip spending and may not produce advanced chips used in  its PlayStation 3 (PS3) in-house, a senior executive said on  Tuesday, in a move aimed at driving the semiconductor unit's  nascent earnings recovery.
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Microsoft Corp.'s Xbox video game business will lay off 76 workers and stop making some sports games, the company said.
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EquiFirst Corp., a subprime mortgage unit of British bank Barclays Plc , on Tuesday said it will cut an unspecified of number of jobs to cope with the U.S. housing slump.