Please create an account to participate in the Slashdot moderation system


Forgot your password?
Check out the new SourceForge HTML5 internet speed test! No Flash necessary and runs on all devices. ×

Submission + - Sony expected to cut 10,000 jobs and slash bonuses (

suraj.sun writes: Sony is expected to cut 10,000 jobs, or about 6 percent of its global workforce(
), by as early as the end of the year, according to a Nikkei report. The Japanese business newspaper also reports( (subscription required) that seven executives — including chairman and former CEO Howard Stringer — may be asked to forfeit their bonuses. The report comes on the heels of the electronics and software giant recording a loss of 260 billion yen ($3.2 billion) for the 2011 fiscal year. Kazuo Hirai, who took over as Sony's chief executive on April 1, is scheduled to host a special company event on Thursday to outline his strategy for the coming years.

This discussion was created for logged-in users only, but now has been archived. No new comments can be posted.

Sony expected to cut 10,000 jobs and slash bonuses

Comments Filter:

In seeking the unattainable, simplicity only gets in the way. -- Epigrams in Programming, ACM SIGPLAN Sept. 1982