Sony Computer Entertainment, the arm of Sony who builds the Playstation 3, has announced that they're cutting jobs in the United States and restructuring their operations in Japan. The article blames a chunk of this on the dominance of the Nintendo Wii in their category, which when it comes to the USA, can also be extended to the Xbox 360.

Sony Corp.'s (6758.T) game unit said on Thursday it planned to cut jobs in the United States and was eyeing restructuring steps in Japan as it struggles to keep up with industry rival Nintendo Co. Ltd. (7974.OS).

Sony Computer Entertainment, which makes video games and the PlayStation 3 (PS3) console, announced plans in April to cut up to 160 jobs in Europe, or 8 percent of its work force there, and said it would look to streamline its U.S. and Japan operations.

Sony's game division posted an operating loss of 232 billion yen ($1.91 billion) in the year ended March 31 due to hefty start-up costs for the PS3, a spec-heavy console that has been losing out to Nintendo's simpler but wildly popular Wii.

Read more on Yahoo! News.