September 24, 2005 | posted by Michael Baxter in Uncategorized |

Sony is struggling. With the Walkman the Japanese giant once dominated the portable music market - now it’s all iPod. The LCD business is not going its way either. Matsushita Electric Industrial and Sharp Corp both seem to be growing at Sony’s expense. As a result, and despite the big things expected of the new portable games machine and the PlayStation 3, complete with new generation Blu Ray DVD, the company is to lay off 10,000 workers world wide.