Sony Corp. to cut 10,000 jobs, or 6% of global workforce

[OhioChick]

Source: LA Times

April 9, 2012, 7:50 a.m.

Sony Corp.will cut 10,000 jobs, or 6% of its workforce, as the Japanese electronics conglomerate and its new chief executive try to wiggle back into the black.

The company’s new head, Kazuo Hirai, will confirm the reductions in what is sure to be a heavily watched briefing on Thursday, the country’s Nikkei newspaper reported Monday.

Hirai, who took over from Howard Stringer earlier this month, must attempt to steer Sony from its predicted fourth consecutive annual loss back to fighting form against stronger device-making rivals such asApple Inc.

Much of the employee scale-backs will come from Sony’s deeply unprofitable television business, which has been losing money for the better part of a decade to lower-cost competitors such as Samsung and Vizio.

Read more: http://www.latimes.com/business/money/la-fi-mo-sony-10000-jobs-20120409,0,3453708.story

[liberal N proud]

1. IMO: Sony is like Apple - Over priced and over valued

There are too many other alternatives that can do the same thing for much less cost.

[pscot]

2. Maybe if they did something about quality control..

Nothing like selling junk to mess up the bottom line,

[TBF]

3. I agree - they should re-hire those folks and do a big QC training -

Sony needs it. I always think of them as being the form over substance company. Very pretty stuff if you can keep it working ...

[mactime]

4. Playstation

I bought a PS3 over an Xbox because I was advised that it is a better, less likely to break product. I did not know Sony had a reputation for producing junk

[Kolesar]

5. Their TVs suck

Their car stereos suck
Their table top radios suck
I have never owned a Sony product that did not fail prematurely.

[They_Live]

6. + 1000

Epic product fail.