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Sony To Cut 10,000 Jobs: Fears For UK Workers

PA/Huffington Post UK  |  Posted: 12/04/2012 11:56 Updated: 12/04/2012 11:56

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Sony
Sony is to cut 6% of its workforce

Sony workers are waiting to hear if they will be affected by an announcement of 10,000 job losses, 6% of the electronics giant's global workforce.

The job cuts will affect staff working in businesses that are being sold, such as Sony's chemicals division.

Sony employs around 450 people at a plant near Bridgend in South Wales.

New Sony chief executive and president Kazuo Hirai outlined his business strategy in Tokyo as he pledged to revive the electronics and entertainment company.

Earlier this week Sony forecast a record annual loss of £4 billion, double its previous estimate.

Mr Hirai said Sony would turn around its TV business, which has lost money for eight years, by March 2014.

A Sony UK spokesman said: "Sony Europe will respond to the challenges set by Tokyo in due course."

The site in Pencoed makes professional quality broadcast cameras and high-definition televisions as well as digital circuit boards.

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Sony workers are waiting to hear if they will be affected by an announcement of 10,000 job losses, 6% of the electronics giant's global workforce. The job cuts will affect staff working in business...
Sony workers are waiting to hear if they will be affected by an announcement of 10,000 job losses, 6% of the electronics giant's global workforce. The job cuts will affect staff working in business...
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Ben Wilson
Might as well laugh while you still can.
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14:06 on 12/04/2012
Sony are doing very badly for their record. The Japanese quakes/Tsunami affected them, Xperia play has failed, the Ps3 is doing very badly compared to 1 or 2, Playstation move has bearly made a profit, and the Vita is verging on commercial failure. Last week they could only manage (rounded off) 8900 unit sales to 72,000 3DS, the PSP did better than the Vita at 14,000! (Japan sales figures)...They also have the costs of developing Oribis (ps4) and also the problem with Blackberry and I phone taking over the mobile market and Nokia making a decent comeback.

It seems to me they have took on so much they have been unable to keep their eye in the ball. It also doesn;t help that products like PSP Vita and PS3 are all sold at a loss or a very small profit. They opted for dominance over profitabilty and failed on both accounts.
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bagpuss250
24 Fans
13:44 on 12/04/2012
Sony, Mothercare etc. I thought these were the companies that were going to take on redundant workers that have lost their jobs due to Ozbeens mis-hangling of the economy.
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