Report claims Sony plans to cut 10,000 jobs

Sony may be taking some drastic steps in order to stay competitive. Today, Reuters reports, via the Japanese Nikkei newspaper service, that the company plans to lay off 10,000 of its employees worldwide. That number would represent about six percent of Sony's total workforce.

The report claims that half of those layoffs would come through consolidating the company's chemical division, along with its small and midsize LCD companies. The report even claims that seven of Sony's high ranking executives, including its former CEO Howard Stringer, could be asked to return their last bonus checks.

Sony has yet to comment on these reports. However, the company is holding a special event on Thursday where its new CEO Kazuo Hirai is expected to lay out his strategy for getting Sony back on track. In February, Hirai was quoted as saying that Sony could get "in some serious trouble" if there is no effort to make some major changes.

Sony has already predicted that it will generate a loss of $2.7 billion for the company's fiscal year that just ended on March 31. Hirai will definitely have to do some major changes to get Sony back on track.

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8 Comments

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Die Sony and die MS (Xbox... and Metro why not, divisions) you both are destroying what it used to be very good gaming.

0nyX said,
Go PS4!!!

$ony needs to GTFO of the consumer electronics business. The suck at every sector they're in. Just like the Vita is the worst selling handheld ever, I hope the same applies to the PS4. F 'em!

They should start with the digital rights management teams.

I refuse to buy Sony anymore because I know their high price is nothing to do with better quality, and everything to do with DRM and rootkits.

I'm not paying them to develop some inferior software or device that is region locked, or will some other way restrict what I can view on/with it.

They'd be better off flogging Sony Music & Movies and selling hardware that works everywhere with everything.

dvb2000 said,
They should start with the digital rights management teams.

I refuse to buy Sony anymore because I know their high price is nothing to do with better quality, and everything to do with DRM and rootkits.

I'm not paying them to develop some inferior software or device that is region locked, or will some other way restrict what I can view on/with it.

They'd be better off flogging Sony Music & Movies and selling hardware that works everywhere with everything.

I have to agree, the amount of 'Sony personalised' DRM and other things like Sony Memory sticks really make me adverse to owning or recommending their products. It's the main reason why I don't buy the Vita.

imachip said,

I have to agree, the amount of 'Sony personalised' DRM and other things like Sony Memory sticks really make me adverse to owning or recommending their products. It's the main reason why I don't buy the Vita.

Agree. They should spin off the IP stuff into its own company. Their hardware division should make more money if it is not hamstrung by their music and movies departments.