Printed from http://www.electronista.com

Sony to cut HQ staff by 20 percent, close Japan factory

updated 02:25 pm EDT, Fri October 19, 2012

Camera lens, mobile phone factory to be shuttered

Sony has announced that it will cut about 20 percent of its headquarters staff and close a factory in Japan. The staff reduction is part of a previously announced plan in which the Japanese electronics giant will reduce its global workforce by 10,000 by the end of next March. The factory to be shuttered is dedicated to the production of camera lenses and mobile phones.

Sony also recently sold a chemical business to a state-run bank in Japan, reducing its employee headcount by 1,800. The company will be letting go of about 2,000 people at its head office and plant in Gifu. Reuters reports that Sony will be cutting an additional 2,000 workers in Europe, about half of those stemming from the closure of its partnership with Ericsson.

The job cuts will save Sony about $378.6 million per year.



By Electronista Staff
Post tools:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Sponsor

Recent Reviews

PenClic Bluetooth mouse

Windows 8 aside, computer users have been trained that a mouse is the proper way to navigate through the desktop for years. Trackballs ...

Cat B100

Cat is primarily known for its heavy-duty machinery used in the construction industry and farming, among other areas. What may not be ...

Linksys EA6900 AC Router

As 802.11ac networking begins to makes its way into more and more devices, you may find yourself considering an upgrade for your home ...

Sponsor

toggle

Most Commented

 
toggle

Popular News