NEWS | Playstation 3’s High Human Cost

Sony’s future seems linked to the success of the Playstaion 3 console. With the battle being not only for next gen gaming superiority, but also the next gen DVD format battle.

Such battles don’t come cheap however, and to try and counter the expected first year loss of 100 billion Yen (profit isn’t predicted for the first 5 years!), Sony's Chief Executive Officer Howard Stringer has closed 9 factories, axed 9,600 jobs and closed Sony's restaurant chain in an attempt to reduce costs by 76 billion yen.

So 9,600 people are out of work, just because Sony is desperate to stay the leader in the video game industry?

I wonder how Howard Stringer sleeps at night.