Sony cutting suppliers by half to save $5.3 billion

This recession has affected us all.

Here's to hoping things getter better.

Even giants like Sony are not immune to this economic mess we are in. Though I hope not much of SCE division will be effected.

There's no need for so many suppliers when you're switching to a full digital distribution model.

The fact that they can probably run the business pretty well with half the suppliers (which should be the whole point since they only want to stem the losses not the products or their quality) means they are probably pretty happy to be rid of them. I hope these suppliers that are lost had other contracts so it's not just a giant job-loss situation, but this is just one of those things that need to be done in order to survive the worldwide economic slowdowns/meltdowns.

While the term "save money" is always fun to hear, it also means "jobs lost" to some.

Lets not feel sorry Sony.
They have longed charged a shit load of money for mediocre tech. Their pcs are nothing but window machines with a freaking magigate/memory stick duo slot and they mass produce stuff like it is going out of style as a function of their business model. So they are always left with a lot of junk they can't sell but that is ok to them cause they roll out new junk to replace it even it is only a change in button color.

Now with the economy down globally, Sony's run-a-muck-tech-glut has them seeing the chickens coming home. That's business.