BBC.CNN WORLD NEWS

Monday, April 09, 2012

Sony to Cut 10,000 Jobs

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Sony plans to cut 10,000 jobs, or about 6 percent of its global workforce, Nikkei reports.

The layoffs will most likely happen in Sony’s chemicals and small and midsize LCD operations, Nikkei claims, but it’s not clear whether Sony will cut its workforce in Japan or overseas.

The move comes after a dismal yearly forecast and a change of leadership, with former executive deputy president Kazuo Hirai replacing Howard Stringer as president and CEO.

According to Nikkei‘s sources, Sony might also request that its seven executive directors — including Stringer — return their yearly bonuses.

Sony hasn’t officially confirmed the report, but Hirai is set to brief the company’s business plan on Thursday, April 12.

As of March 2012, Sony globally employes 168,200 people.

News by Mashable

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