While Apple is celebrating its record quarter, the situation with other tech companies is absurdly in contrast.
Microsoft has announced a mass layoffs from its company while Nokia reported a 63 percent drop in its profit. However, Sony has given a big shock with a loss prediction of around $3 billions. The recession stands as the major reason for this loss. And along with recession, high yen value and low running LCD TV market added up to the hefty losses for Sony.
This loss, according to Sony, is predicted as the first annual loss in 14 years. It is OK.
Nevertheless, it has announced that it is going to adopt lay offs, pay cuts, job reductions, and trendier targets, in order to cope up with the situation.
Whatever may be the situation, just fall on the employees every time you feel you are not doing well. That is quite simple. Moreover, who are the big losers here? Employees of course…
Microsoft has announced a mass layoffs from its company while Nokia reported a 63 percent drop in its profit. However, Sony has given a big shock with a loss prediction of around $3 billions. The recession stands as the major reason for this loss. And along with recession, high yen value and low running LCD TV market added up to the hefty losses for Sony.
This loss, according to Sony, is predicted as the first annual loss in 14 years. It is OK.
Nevertheless, it has announced that it is going to adopt lay offs, pay cuts, job reductions, and trendier targets, in order to cope up with the situation.
Whatever may be the situation, just fall on the employees every time you feel you are not doing well. That is quite simple. Moreover, who are the big losers here? Employees of course…
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