Job cuts are part of those restricting and cost reduction measures Sony plans to kick into high gear. Scariest of all, they involve a clinical sounding "headcount reduction."

Earlier today Sony stated a more ambitious company-wide cost cutting initiative would get the corporation back on track. For its motion picture, music and game divisions, the company is planning a "headcount reduction and other restructuring measures." No word to the extend of this reduction and how it will impact Sony Computer Entertainment.

Previously, Sony announced it would be shuttering two TV manufacturing plants and cutting 2,000 jobs in Japan.