Sony's Brain Drain May Stall a Rebound
 

Massive layoffs and selling billion dollar buildings is survival mode, not a business plan. Hopefully the PS4 doesn't sell at a loss and the company can finally turn things around. The company had a record $4.6 billion loss last year. And in his first act as Sony's chief executive officer, Kazuo Hirai, put 10,000 more jobs on the block, bringing layoffs to almost 60,000 since 2003. "They're pushing out engineers like some kind of bargain sale," Onoue says. "It's a huge mistake. You need good people to make good products."

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