HardOCP News
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According to Sony, pricing and production volumes for the PS3 are under review leading some to believe a PS3 price cut is near. Sony has also announced that it will be cutting jobs in Europe to grow more competitive. The company has no plans to trim jobs in Japan or North America at this time.
All Sony Computer Entertainment Inc. employees in Europe totaling about 1,900 people have been told about the plan to cut jobs, but specifics, such as the number of cuts and which jobs will be affected, have not been decided, said Satoshi Fukuoka, the spokesman in Tokyo.