Sony Corp.’s Howard Stringer, the first foreigner to head the Japanese electronics and entertainment company, promised a decisive turnaround Thursday centered on cutting jobs, closing plants and ...
Sony is slashing 8,000 jobs, or 4 percent of its global work force, aiming to cut costs by $1.1 billion a year as a global downturn and stronger yen batters profits at the Japanese electronics maker.
TOKYO – Struggling electronics and entertainment conglomerate Sony Corp. (SNE) said on Thursday it would cut about 7 percent of its global work force, sell more than $1 billion in assets and post a ...
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