Monday, April 9, 2012

Sony Plans to reduce its workforce




Sony plans to cut 10,000 jobs, or about 6 percent of its global workforce, Nikkei reports. Sony globally employes 168,200 people till last month.
It’s not clear whether Sony will cut its workforce in Japan or overseas but the layoffs will most likely happen in Sony’s chemicals and small and midsize LCD operations, Nikkei claims.
The move comes after a dismal yearly forecast and a change of leadership, with former executive deputy president Kazuo Hirai replacing Howard Stringer as president and CEO.
Sony hasn’t officially confirmed the report, but Hirai is set to brief the company’s business plan on Thursday, April 12.


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