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Sony to shed 8,000 jobs, increase prices in bid to bolster profitability
Sony to shed 8,000 jobs, increase prices in bid to bolster profitability
The bad news from the Japanese consumer electronics industry continues. Sony just announced plans to cut about 8,000 global jobs from its beleaguered electronics business while making unspecified reductions to its seasonal and temporary workforce. The move, as Sony explains it, comes "in ...
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 ...
Sony: Home launch 'imminent,' will arrive this month in the US
Sony: Home launch 'imminent,' will arrive this month in the US
joystiq.com — Amid rumors of a December launch for PlayStation Home, SCEA has confirmed to Joystiq that the social... platform's public, open beta phase will arrive before the end of calendar year 2008, as we've been hearing for some time . "We've been saying it ... (more) Sony: Home launch 'imminent,' will arrive this month in ...
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Despidos III
Gizmología — Nueva bofetada de la economía global a los trabajadores, esta vez es Sony quien va a despedir a 8.000 de sus 160.000 empleados hasta Marzo de 2010. [vía] Comparte esta anotación ...

Sharp closing down two LCD panel production lines, hacking 380 jobs
Engadget HD — ... It's not pulling a Sony or anything, but even Sharp has been unable to absorb the downturn in flat-panel demand. We already knew that the firm was looking to scale back production ...

Sony to shutter Japanese TV plant, cut 2000 more jobs
Engadget HD — ... -- we know that experiencing your first annual operating loss in 14 years calls for drastic measures, but this is bordering on downright rash. Barely a month after announcing that 16,000 employees would be axed, Sony has now revealed plans to close one of its two television plants in Japan and rid itself of 2,000 domestic full-time jobs as it attempts to "revive its electronics business." Of note, it's stated that those 2,000 will be shed via "early retirement and other programs," which may or may not mean "straight-up fired." Just think what a 40-inch ...

Related: sony layoffs
Sony Plans Cost Cutting Strategies - More layoffsSlashGear
The economy has not gotten any break at all and more companies are cutting down on their overhead to stay above the water. Sony has announced it will be reducing its workforce by 16,000 workers within the next two years and to slow down their investment throttle at the same time. Sony operates ...
Sony to Cut 8000 JobsEdge Online - Interactive Entertainment Today
Sony has announced that it will cut 8000 jobs from its global workforce in an attempt to save the business £740 million. The job cuts account for 5% of its total workforce – somewhere around 160,000 – and the company is preparing to reduce its volume of manufacturing sites ...
Sony to Trim 8,000 Jobs and Reduce InvestmentNYT > Technology
Sony blamed the rapid deterioration in the global economic outlook and the strength of the Japanese currency for the cuts. >
Sony to lay off 8,000CNET News - Business Tech
Sony will lay off 8,000 workers in its electronics business worldwide as part of a broader plan to trim expenses and tighten its focus in a difficult financial climate, the company said Tuesday. Sony, which currently has a global workforce of ...