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Sony to Cut 8,000 Jobs
Sony to Cut 8,000 Jobs
Sony is the latest company to announce job reductions to help save money Sony announced it will cut its electronics workforce by 8,000 over the next two years while also shutting 10 percent of its worldwide manufacturing sites. The Japanese company hopes to trim $1.1 billion in costs while ...
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Sony cuts 8000 jobs, closes fabs
dvhardware.net — MarketWatch writes Sony will lay off 8,000 employees worldwide, about 5 percent of its workforce, along with... a series of other measures to save money. In addition to the layoffs, which account for about 5% of its global workforce, Sony said it will slash investments in its ... (more) Sony cuts 8000 jobs, closes fabs
1 Comment
  • JustJosh JustJosh
    +1

    That doesn't smell good news for people that work at Sony. If I worked there I would put my 2 weeks in and try to find something else.

    Well maybe I would look for a job first, then put my two weeks in.

    Posted 12/9/2008 respond (flag)
Blog Reactions

Sony to Cut 8,000 Jobs
APH Networks — ... countries would be hardest hit, though it is likely locations in the United States and Japan will suffer high job reductions. Sony has 57 production facilities spread across the world, and additional shutdowns could take place in the future, analysts warn. Analysts are unsure if the job reductions will be enough, as the company still has 186,000 employees worldwide. Furthermore, Sony will hold off expanding a LCD TV manufacturing plant located in Slovakia. View: Article @ Source Site ...

Sony The Latest To Announce Job Cuts
Overclockers Club news Feed — ... Sony is planning to shed 8,000 jobs over the next two years, along with a 10% reduction in worldwide manufacturing facilities. It also expects to cut at least as many temporary or contract positions, though details of where we can expect any of the lay-offs to occur aren't mentioned. Simply cutting jobs is unlikely to achieve the result Sony are looking for, so the company will also be reducing investments and looking to outsource the production of certain products. We have already seen plenty of similar cutbacks from other companies and will likely see plenty ...

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