What the hell is going on with Sony? I knew they were hurting for cash and they were doing some restructuring, but this is starting to get desperate. Sony is in talks to sell their original HQ building in Tokyo. This is the very first HQ building they owned when they were making the Sony Walkman & Trinitron TV's many moons ago. Locals are blasting Sony in an effort for them to keep the building as it represents Sony's birthplace. What else will Sony sell to keep their business alive?
"It appears Sony isn't quite done selling off assets in a bid to reverse its financial losses. Just weeks after it sold its VAIO PC business, the company is reportedly in talks to offload another one of its properties: its former headquarters in central Tokyo. The deal could net Sony more than 15 billion yen ($146.5 million), adding to the $2.3 billion it recouped from the sale of its New York and Osaka buildings last year. Locals have blasted the potential move, however, arguing that the company's "birthplace," where founders Akio Morita and Masaru Ibuka worked on the Walkman and Trinitron TV, should be exempt from its restructuring efforts. The proceeds could be used to cushion the $1.1 billion loss Sony expects to make in its current financial year, putting no pressure whatsoever on the new Xperia Z2 family to sell well when it hits stores in April."