Sony Europe To Possibly Cut Loose 160 Employees

Posted: Apr 17 2007, 11:00am CDT | by , Updated: Aug 11 2010, 1:33am CDT, in News | Gaming


Sony Europe to possibly cut loose 160 employees
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In a move that may have ties to a slow start for the PS3, Sony Computer Entertainment Europe said in an internal memo that as many as 160 employees may be fired.

"SCEE has successfully faced a number of challenges throughout its history to become a leader of the videogame industry. However our industry is in the middle of a transition where some of the fundamentals of our business are changing," says the letter. "Regrettably, we must also now look at the possibility of making compulsory redundancies in the UK offices, in WWS studios in Europe and in our territory offices," it continues. I'd like to offer my condolences to anyone who turns out to be deemed by Sony as a "compulsory redundancy".

Maybe you should head to the US, considering you were already making much less in the UK.

Full story

By Eric Raby

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Luigi Lugmayr () is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
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