Monday, August 21, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Intel First 8th generation Processors Released
Pre-Orders Start for the Xbox One X Project Scorpio Edition
LG ProBeam UST and MiniBeam Projectors Light Up at IFA 2017
HTC Vive Reduces Price By $200
New Samsung Notebook 9 Laptop is Coming Next Month
Samsung to Launch 49-inch QLED Gaming Monitor at Gamescom 2017
YouTube TV expands to new markets
Facebook Tests News Stories Customized to Users' Interests
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Sony to...
Last 7 Days News : SU MO TU WE TH FR SA All News

Friday, October 19, 2012
Sony to Cut Staff, Consolidate Manufacturing Sites


Sony on Friday said it will cut staff in its headquarters by a fifth and shutter a factory making camera lenses and mobile phones in Japan, under its restructuring measures announced last April.

In order to enhance the efficiency of Sony's manufacturing operations relating to its digital imaging business, the manufacture of interchangeable lenses and lens blocks currently being conducted at Sony EMCS Corp.'s Minokamo Site (located in Minokamo, Gifu Prefecture) will be absorbed by EMCS Corp.'s Kohda Site (located in Kohda, Aichi Prefecture), Sony daid. As Sony concentrates its mobile phone business on the area of smartphones, the operations currently being carried out at the Minokamo Site relating to mobile phones will be partially discontinued and partially transferred to Sony EMCS Corp.'s Kisarazu Site. Sony plans to close the Minokamo Site by the end of March 2013.

Sony Corporation and Sony EMCS Corp. will also offer their employees early retirement programs. Sony expects these measures to result in headcount reduction of approximately 2,000 employees by the end of FY12, with approximately half of the reductions (1,000 employees) to be in support functions, including the headquarters of Sony.

Sony has already transferred approximately 1,800 employees outside the Sony Group with the sale of its chemical products businesses in late September 2012.

Around another 2,000 workers will be also trimmed in Europe, half at a joint mobile phone venture with Ericsson it recently ended. The remaining job losses will be at other factories around the world, the company said.

Sony expects the job cuts to save about 30 billion yen ($378.6 million) a year, funds the company needs as it struggles to stem losses in televisions and other consumer electronics operations.


Previous
Next
Fujitsu Offer Windows 8 PC and Tablet Lineup, Cloud Service        All News        4K To Be Called 'Ultra HD'
Apple Removes Java From OS X     General Computing News      AMD Reports Losses, Announces Restructuring Plan

Get RSS feed Easy Print E-Mail this Message

Related News
New Sony Magnetic Tape Storage Technology Supports High-Capacity 330 TB Recording
Image Sensors and Music Lead Sony's Growth
Sony Entertainment to Start Vinyl Record Production
Sony Xperia XZ Premium Flagship And Xperia Touch Projector will Cost You a Fortune
Sony Chief Promises Return to Profitability
Sony Returns to the OLED TV Market With New Models
Image Sensors, Batteries And Playstation Boosts Sony's Profit
Sony Launches The a9 24MP 20fps Full-frame Sports Camera
Sony Commercializes High-Sensitivity CMOS Image Sensor for Automotive Cameras
E Ink and Sony to Establish a Joint Venture to Operate Electronic Paper Display Business
Sony Introduces Extended Life Solid State Drives
MWC: Sony Adds Four New Photo-centric Smartphones To X-series

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .