Sony to cut 10,000 jobs
Sony Corp will cut 10,000 jobs, or about 6 per cent of its global workforce, by as early as the year-end, the Nikkei newspaper reported on Monday, as new CEO Kazuo Hirai comes under pressure to return the Japanese consumer electronics and entertainment company to profit after four years in the red.
Sony Pictures, as expected, today told employees that it is cutting about 350 jobs at the company, both through layoffs and leaving open positions unfilled.