Sony cuts 8000 jobs, SCE division under review

We won't insult your intelligence by telling you that the current global economic climate is a bit cloudy and that companies are closing and making cutbacks left, right and center. Actually, we just did, but we did it in a way that suggests that you already know it. We have faith in our readers. Sony's the latest big company to announce cutbacks, with 8000 people losing their jobs in their electronics division.

At the moment, this has no effect on the Sony Computer Entertainment division, which is separate from Sony's electronics division. Though SCE has told GameIndustry.biz that the division is, along with the rest of the company, under review. With analysts saying that these 8000 jobs won't be enough, there's a chance that more cutbacks could be made as part of this corporate review, which has the potential to affect SCE and the PlayStation brand. We'll be keeping our eyes open for any developments.