Monday, December 05, 2005

Sony To Axe 10,000 Jobs Worldwide

An AP newswire article by Hiroko Tabuchi, via USA Today, reports that:

Sony has started offering early retirement to workers as part of its plan to cut 10,000 positions worldwide, the consumer electronics and entertainment company said Monday.

The Tokyo manufacturer of the Walkman audio player and PlayStation video game console had vowed in September to revive its ailing electronics operations with a range of reform steps over the next three years, including slashing 4,000 Japanese and 6,000 overseas positions by the end of March 2008.

The company started offering early retirement packages Friday to workers in non-core operations, such as human resources and accounts, according to the company disclosure.

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