Tuesday, December 9, 2008

Sony Reduce 8,000 Workers

Sony Corporation ソニー株式会社

Sony Corp. said on Tuesday (9/12/2008), has reducing around 8,000 employees and aslo will close several factories. This policy is part of the business overhaul in connection with the trend of declining global economy.

This giant electronics producer said, planned to reduce the total manufacturer about 10 percent, reducing investment in electronic business about 30 percent, and withdraw from a number of business areas that are not profitable.

"Various initiatives such as a response to the sudden and rapid changes in world economic conditions," said the Sony in a statement.