Sony to cull 6% of global workforce
It’s tough times out there and we’re hearing it every day, from everyone. Constantly. Today’s turn for a company to face difficulties is Sony, not just the PlayStation division, but Sony as a whole. As we reported earlier in the year, Sony made a massive loss this year and for the four consecutive year in a row. So it’s time to cut some jobs.
Naturally it’s always the workforce that suffer when management make terrible decisions and this much is apparent in every company closure or mass redundancy program in history. Today Sony Japan have announced that it’s culling 6% of it’s global workforce, which is 10,000 people.
This is not the first time in recent years that Sony have announced mass redundancy, in 2008 after it was hit hard by the global credit crisis, it announced 16,000 job cuts and unfortunately it’s still struggling.
There’s currently no word on how the distribution of the latest round of job cuts will hit employees. It could be worldwide, it could be localised, it could even be a removal of an entire division of Sony.
After the new was announced Sony’s shared closed up 0.6% in Japan.
Source: Reuters UK