Search: Look for:   Last 1 Month   Last 6 Months   All time
Home :: World

Sony to cut 8,000 jobs worldwide

Asia, Tue, 09 Dec 2008 IANS

Tokyo, Dec 9 (DPA) Japanese electronics giant Sony Corp announced Tuesday plans to cut 8,000 jobs worldwide as a result of the global economic crisis.

 

The world's second-largest maker of consumer electronics hopes to save more than 100 billion yen ($1.1 billion) by the measure, which affects about four percent of its 160,000-strong global workforce.

 

 

The job cuts, which go with plans to scale back investments and pull out of some business sectors, will be made at the beginning of the next business year on April 1, 2009, the company said.

 

 

The producer of PlayStation is set to cut investment in the ailing electronics sector by 30 percent.

 

 

Sony recently dramatically lowered its profit forecasts for the current fiscal year through March 2009.

 


LATEST IMAGES
Manohar Lal being presented with a memento
Manoj Tiwari BJP Relief meets the family members of late Ankit Sharma
Haryana CM Manohar Lal congratulate former Deputy PM Lal Krishna Advani on his 92nd birthday
King of Bhutan, the Bhutan Queen and Crown Prince meeting the PM Modi
PM Narendra Modi welcomes the King of Bhutan
Post comments:
Your Name (*) :
Your Email :
Your Phone :
Your Comment (*):
  Reload Image
 
 

Comments:


 

OTHER TOP STORIES


Excellent Hair Fall Treatment
Careers | Privacy Policy | Feedback | About Us | Contact Us | | Latest News
Copyright © 2015 NEWS TRACK India All rights reserved.