Sony is under a lot of financial stress and has laid off 8000 permanent employees and a similar number of contractual employees. However it seems that none of this has any affect on the PlayStation division as the company intends to retain each and every employee in the gaming console division. David Reeves, President of Sony Europe, has confirmed this in an interview with Dutch TV RTL:
We’re certainly not planning to cut back in personnel at all. Half of our personnel are in the development of the games, that’s an investment. We’re not scaling down at all.
To my knowledge, no one is cutting back on the R&D side of the projects we’re working on now. Sony live and die on the innovative projects they bring out. In our division we’re still continuing to develop the products which we put in our mid-range plan six months ago, one year ago."
As long as we plan prudently, I think we will be fine. We have a good business model. People will continue to buy the hardware, continue to buy the software. I’m convinced of it.
