All right, just so we’re clear, fanboys are not blaming Microsoft, yet. But you can guarantee that they’ll somehow blame Microsoft at the end of the day. Anyway, Sony is definitely cutting employee bonuses and freezing wages up until April. This is the new measure to replace layoffs and job terminations.

According to an article on GameIndustry, Sony is in desperate need to raise profits and increase fiscal earnings. They’ve been in the gutter since late last year and things definitely need to turn around for the company.

Sony Execs are planning on lowering wages for managers by 10 through 20 percent and bonuses will be lowered drastically.

Things have become so bad, in fact, that other video game publishers are actually urging Sony to cut the price down on the PS3, according to an article on TheGameReviews.

It’s not happy times in the camp of SCEA. Nevertheless, things could always turn around for them with God of War III…you know, just like when they were supposed to turn around with Haze, Lair, Heavenly Sword and KillZone 2. If all else fails, there’s always the PS3 George Foreman Grill to help boost sales and profits for Sony. Besides, it works great for cutting out the grease, but leaving all the gaming flavor, mm-mm, delicious.

Feel free to discuss this and other topics on the CB Forums, and remember to stay tuned in with Blend Games for more updates and news regarding the latest gaming happenings.

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