Sunday, 04 December 2016

Sony confirms 5,000 job cuts, sale of PC business

By Nick Wood, Total Telecom
Thursday 06 February 14

Japanese electronics maker expects to swing to full-year net loss.

Sony on Thursday reached an agreement to sell its PC business and announced plans to cut 5,000 jobs as part of a broader restructuring that is expected to wipe out its full-year profit. As rumoured on Wednesday, Japan Industrial Partners (JIP) has signed a memorandum of understanding to acquire Sony's Vaio PC arm…

Sony on Thursday reached an agreement to sell its PC business and announced plans to cut 5,000 jobs as part of a broader restructuring that is expected to wipe out its full-year profit. As rumoured on Wednesday, Japan Industrial Partners (JIP) has signed a memorandum of understanding to acquire Sony's Vaio PC arm…

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