• Skip to main content
  • Skip to header right navigation
  • Skip to site footer
Gameranx

Gameranx

Video Game News, Lists & Guides

  • News
  • Features
  • Platforms
    • Xbox Series X
    • PS5
    • Nintendo
  • Videos
  • Upcoming Games
  • Guides

Sony Confirms 10,000 Job Cuts

April 12, 2012 by Jacob Saylor

Years of financial blunder in the company’s gaming sector have finally taken their toll.

Sony wrote today on the 10,000 jobs they plan on chopping out of their framework in the coming months.

“Sony is positioning digital imaging, game and mobile as the three main focus areas of its electronics business and plans to concentrate investment and technology development resources in these areas,” the company said.

“By growing these three businesses, Sony aims to generate approximately 70% of total sales and 85% of operating income for the entire electronics business from these categories by FY14.”

It appears the company wants to shift towards the online market even more so than in previous years.

“The Company also aims to increase sales by enriching its catalog of downloadable game titles and subscription services available through the PSN platform, and also by expanding the lineup of PlayStation Suite compatible devices and content,” said Sony.

“Sony will target game business sales of one trillion yen and operating income margin of 8% by FY14.”

This shift in budgeting means that the recent closure of Zipper Interactive is just a tip of one huge iceberg.

“As a result of these measures, Sony estimates that the headcount across the entire Sony Group will be reduced by approximately 10,000 in FY12,” the company confirmed.

Sony has said that they will “consider various measures to secure continuity of employment for employees at their new destinations."

Via VG247

Share this post:

FacebookTwitterLinkedInPinterest

Recent Videos

ELDER SCROLLS 6 RELEASE DELAY EXPLAINED, NEW GAME LETS YOU BE GOD & MORE

ELDER SCROLLS 6 RELEASE DELAY EXPLAINED, NEW GAME LETS YOU BE GOD & MORE

Hytale - Before You Buy

Hytale - Before You Buy

10 Recent Good Games That Didn't Sell Well

10 Recent Good Games That Didn't Sell Well

10 NEW Fan Discoveries That'll Get You Playing Again

10 NEW Fan Discoveries That'll Get You Playing Again

Does UBISOFT Deserve A Comeback?

Does UBISOFT Deserve A Comeback?

Top 25 NEW Action RPGs of 2026

Top 25 NEW Action RPGs of 2026

10 Gaming Ideas They Thought Were Good...BUT NO

10 Gaming Ideas They Thought Were Good...BUT NO

10 DLCs That BROKE THE GAME

10 DLCs That BROKE THE GAME

NEW Post-Apocalyptic Game Looks Insane, Another GTA 6 DELAY? & More

NEW Post-Apocalyptic Game Looks Insane, Another GTA 6 DELAY? & More

Category: Updates

Sidebar

Recent Posts

  • Pokemon Go: How to Unlock and Level up Max Moves
  • Rumor: Resident Evil 30 Year Anniversary Event Teased By Sheva Alomar’s Actress
  • Rumor: CM Punk Will Be The Featured Superstar In WWE 2K26 Showcase Mode – Will He Be The Cover Star?
  • Hi-Fi Rush Receives New PEGI Rating For Nintendo Switch, Two Years After Original Rating Was Pulled
  • RICOCHET Adds “Cloud-Based Attestation” To Call of Duty: Black Ops 7’s Security In Season 2

Copyright © 2026 · Gameranx · All Rights Reserved · Powered by Mai Theme