If Kim Kardashian is so hard to keep up with, why does she keep popping up in my news feed? And why on Earth does she want to shove a credit card into the hands of my (hypothetical) babies? More »
We’d already heard Sony is planning deep layoffs—16,000 workers gone—but now the Times of London says that it’s gearing up for a bunch of “sacred cow-slaying” measures, including the closure “of several major divisions.”
According to the ABC, EzyDVD has gone into receivership today. They’re hopeful that they’ll be able to save the company from complete destruction, and blame their current predicament on trading losses and lacklustre sales. But I guess that means that we won’t be seeing their digital movie store happening any time soon, if ever. Here’s hoping they manage to stay afloat in these tough economic times – even though they don’t really venture too far below the RRP for their movies, they do have a pretty extensive selection, and their Beat the Bomb sales are always good value…
CNET has a story on the suitability of the major PC manufacturers’ lines to survival in these tough economic times. There will be fewer people shopping for new PCs, and more notably, fewer businesses, and these manufacturers will have to make solid strategic moves to make it out (relatively) unscathed. So out of the top five PC makers, who’s got what it takes?
Today, Best Buy’s President and Chief Operating Officer called today’s sales climate the worst he’s seen in 42 years, citing that “People are making dramatic changes in how much they spend, and we’re not immune from those forces.” Indeed, we’ve already heard from an inside source that Best Buy has quietly restructured their high-end Magnolia department, reducing expenditures to pre-holiday levels and cross training the employees to work in the normal home theatre department. Now an internal memo leaked by The Consumerist explains how else Best Buy plans to cope on a wider scale:
