{"id":24624,"date":"2012-10-19T11:22:08","date_gmt":"2012-10-19T09:22:08","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=24624"},"modified":"2012-10-19T15:29:16","modified_gmt":"2012-10-19T13:29:16","slug":"sony-planning-to-cut-more-jobs","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/hardware\/24624\/sony-planning-to-cut-more-jobs\/","title":{"rendered":"Sony planning to cut more jobs"},"content":{"rendered":"<p><a title=\"Sony Corp\" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/1633-Sony\">Sony Corp<\/a> said it will cut staff in its headquarters by a fifth and shutter a factory making camera lenses and mobile phones in Japan, providing new details of a previously announced plan to trim its global headcount by 10,000 by end-March.<\/p>\n<p>In addition to 1,800 at a chemical business it sold to a state-run bank in Japan, Sony will let go roughly another 2,000 people from its head office and plant in Gifu, central Japan, Sony said in a statement on Friday.<\/p>\n<p>Around another 2,000 workers will be trimmed in Europe, half at a joint mobile phone venture with <a title=\"Ericsson\" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/2332-Ericsson\">Ericsson<\/a> it recently ended. The remaining job losses will be at other factories around the world, the company said.<\/p>\n<p>The maker of PlayStation and Bravia TVs expects the job cuts to save about 30 billion yen ($378.6 million) a year, funds the company needs as it struggles to stem losses in televisions and other consumer electronics operations.<\/p>\n<p>Sony CEO <a title=\"Kazuo Hirai\" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/1812-Kazuo-Hirai\">Kazuo Hirai<\/a>, who took the helm in April, has pledged to revive the once-stellar brand by bolstering gaming, digital imaging and mobile devices as well as by nurturing new business such as medical devices.<\/p>\n<p>Sony&#8217;s stock ended trading Friday at 983 yen, unchanged from the previous closing price. The company&#8217;s share price has fallen 42 percent since Hirai took over six months ago.<\/p>\n<p>($1 = 79.2400 Japanese yen)<\/p>\n<p><strong>Related articles<\/strong><\/p>\n<p><a title=\"BusinessTech Article\" href=\"http:\/\/businesstech.co.za\/news\/electronics\/22844\/sony-pegs-642-million-olympus-investment\/\"><strong>Sony pegs $642 million Olympus investment<\/strong><\/a><\/p>\n<p><a title=\"BusinessTech Article\" href=\"http:\/\/businesstech.co.za\/news\/hardware\/22581\/sony-pegs-hopes-in-playstation-3\/\"><strong>Sony pegs hopes in PlayStation 3<\/strong><\/a><\/p>\n<p><a title=\"BusinessTech Article\" href=\"http:\/\/businesstech.co.za\/news\/electronics\/21419\/sony-wont-be-drawn-into-tablet-price-war\/\"><strong>Sony won\u2019t be drawn into tablet price war<\/strong><\/a><\/p>\n<p><a title=\"BusinessTech Article\" href=\"http:\/\/businesstech.co.za\/news\/electronics\/20497\/sony-considers-cutting-up-to-1000-jobs\/\"><strong>Sony considers cutting up to 1,000 jobs<\/strong><\/a><\/p>\n<p><a title=\"BusinessTech Article\" href=\"http:\/\/businesstech.co.za\/news\/electronics\/19318\/sony-slashes-forecasts-and-sales-expectations\/\"><strong>Sony slashes forecasts and sales expectations<\/strong><\/a><\/p>\n<p><a title=\"BusinessTech Article\" href=\"http:\/\/businesstech.co.za\/news\/electronics\/16591\/sony-ceo-turnaround-strategy-will-work\/\"><strong>Sony CEO: turnaround strategy will work<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sony Corp said it will cut staff in its headquarters by a fifth and shutter a factory making camera lenses and mobile phones in Japan, providing new details of a previously announced plan to trim its global headcount by 10,000 by end-March.<\/p>\n","protected":false},"author":7,"featured_media":5706,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[25,2949,385],"class_list":["post-24624","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hardware","tag-active","tag-job-cuts","tag-sony"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/24624","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=24624"}],"version-history":[{"count":4,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/24624\/revisions"}],"predecessor-version":[{"id":24626,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/24624\/revisions\/24626"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/5706"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=24624"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=24624"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=24624"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}