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Sony To Cut About 10K Jobs

Posted by Zonk on from the fewer-trinitron-crafters dept.

Pichu0102 writes "Reported by the Washington Post, Sony says it will cut about 7% of its jobs as well as sell about $1 billion of it's assets. It also will declare a loss for this year." From the article: "To help boost efficiency, Sony said it has abolished the company system that Stringer said was preventing different business units from communicating freely, causing overlap in development and missed opportunities in the market. The electronics group will be reorganized to place centralized decision-making over key business areas under Ryoji Chubachi, who became Sony's new president and electronics CEO in a major overhaul of management in June." Another reorg on the heels of Microsoft's decision from earlier this week.

9 of 178 comments (clear)

  1. hmm by andy_fish · · Score: 0, Offtopic

    the "It is what IT is" graphic flashes every time I mouse-over it.

    Oh I'm suppossed to talk about the Sony thing? Hmm, sucks for them.

    --
    & I wish I knew the password to your heart . . . &
  2. Apostrocity by minginqunt · · Score: -1, Offtopic

    "Sony says it will cut about 7% of *its* jobs"

    its == belonging to it
    it's == it is

    It's not difficult. Sheesh.

    Martin

    1. Re:Apostrocity by Z0mb1eman · · Score: 1, Offtopic

      Thank you.

      Especially since that error showed up in two consecutive sentences.

      I'm starting to lose hope that people will ever use it correctly... :(

      --
      ClutterMe.com - easiest site creation on the Net. Just click and type.
    2. Re:Apostrocity by f0dder · · Score: 0, Offtopic

      Your all loosers!!

  3. Y-Nos by sharkfish · · Score: -1, Offtopic

    Ynos (pronounced winos) is Sony spelled backward.

  4. The end of Sony... by dextroz · · Score: 0, Offtopic

    All that proprietary "this dick needs this hole" bullshit is finally over... I want my free sex now!

    --
    Where's my free iPod!? Until then, I'll settle for a kiss...
  5. ObPostrophe by otis+wildflower · · Score: 0, Offtopic

    Courtesy of Bob

  6. 1mod 0p by Anonymous Coward · · Score: -1, Offtopic

    theorists - P=rospects are

  7. Re:Record Label by pilgrim23 · · Score: 0, Offtopic

    Sony needs a market all her very own where others won't beat her on market share, inovation, and new products....I KNOW! Bring back the ......BETAMAX!

    --
    - Minutus cantorum, minutus balorum, minutus carborata descendum pantorum.