To have your job hanging by a thread, especially in these worrying financial times, is not a good thing, but 8,000 Sony workers are about to feel the pinch as the PlayStation 3 manufacturer looks tocut its staffdown to size.

As Sony allegedly continues to lose money on the PlayStation 3, one analyst has suggested that a staff cut of this size won’t help the company out very much: “This staff reduction won’t be enough. Sony doesn’t have any core businesses that generate stable profits – the next thing we want to see is what is going to be the business that will drive the company.”

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The staff cuts are expected to be implemented by 2010, which should be just in time for the release ofHome.

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