Sony to axe 10,000 jobs worldwide

Around 10,000 jobs will be axed across Sony’s worldwide operations over the next 12 months.

The number represents six per cent of the company’s total workforce.

Although unconfirmed as of yet, the report comes from The Associated Press and arrives only two days ahead of Kaz Hirai’s strategic update” on Thursday.

The move is designed to help the struggling multi-national return to profit.

A number of strategic alterations have been confirmed, however. Sony’s chemical unit will be sold and its LCD panel business is being merged with Toshiba and Hitachi.

As a result some 5,000 employees face a possible relocation if they wish to keep their jobs.

About MCV Staff

Check Also

IMG 864611 LightSpeed Studios announced as sponsor of the Player’s Choice Award – NOW OPEN TO VOTE!

LightSpeed Studios announced as sponsor of the Player’s Choice Award – NOW OPEN TO VOTE!

MCV/DEVELOP has announced LightSpeed Studios as the sponsor of a new category at the MCV/DEVELOP …