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Sony cuts 8,000 jobs and curtails electronics investment
Sony cuts 8,000 jobs and curtails electronics investment
The global economic turmoil has thrown a snag into Sony’s turnaround plan. The Japanese electronics giant is cutting 8,000 jobs, closing some factories and reducing its investment in electronics. The job cuts are about 4 percent of the company’s global work force of 160,000. The ...
Sony’s First Touchscreen Walkman Revealed
Sony’s First Touchscreen Walkman Revealed
sonyinsider.com — Sony is set to debut a new 16 and 32GB drag and drop Walkman during CES 2009,... according to trusted inside sources. This will be the most advanced music, video and photo Walkman music player ever released by Sony to date. While it was revealed before ... (more) Sony’s First Touchscreen Walkman Revealed
PlayStation fiends finally get a second life
technology.timesonline.co.uk — The annual battle of the consoles that takes place every Christmas will heat up this week when... Sony launches its own version of Second Life for the PlayStation 3. The new service, called PlayStation Home, will allow players to create an online ... (more) PlayStation fiends finally get a second life
Sony Global - Press Release -Sony Announces Initiatives to Improve Profitability and Enhance ...
sony.net — Particularly within its electronics business, where Sony has been most affected by the acute downturn in the... economic climate, the company has already undertaken certain short-term measures, including adjusting production, lowering inventory levels, ... (more) Sony Global - Press Release -Sony Announces Initiatives ...
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Vid-Biz: Sony, iStreamPlanet, NBC [NewTeeVee]
GigaOM Network — ... Sony Slices 8,000 Jobs; cuts are 4 percent of global workforce, the electronics division will be hardest hit. (VentureBeat) ...

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Sony to axe 8,000 jobs, close factoriesLatest from Computerworld 12/9/2008
Sony plans to cut 8,000 jobs, close factories and reduce electronics investment by nearly a third in response to the current economic conditions, it said Tuesday.
Sony To Cut 16,000 JobsInformationWeek - All Stories And Blogs 12/9/2008
The consumer electronics maker is aiming to save $1.1 billion by slashing jobs and other spending. Shares in Sony have fallen nearly 70 percent this year.
Sony cuts costs, but not brand problemsCNET News - Business Tech 12/9/2008
Sony announced Tuesday it's cutting five percent of its full-time workforce, in addition to a sizable chunk of contractors, and delaying investment in some factories. It's all part of the Japanese electronics giant's plan to save money amid the ...
Sony cuts costs, but not brand problemsCNET News.com 12/9/2008
Big layoffs may save pennies, but they won't fix what's really wrong with the Japanese consumer electronics giant.
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