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Sony Corporation (SNE)
Sony slashing 8,000 jobs amid global downturn
Sony slashing 8,000 jobs amid global downturn
Yahoo - December 8, 2008
Submitted by apujanata (14935) at 1:40AM PST on December 9, 2008
Sony is slashing 8,000 jobs, or 4 % of its global work force, as a global downturn and stronger yen batters profits at the Japanese electronics maker.
Sony Corp. , which has 185,000 employees worldwide, said Tuesday it will complete the layoffs by the end of March, 2010. They will come from its electronics business, which has 160,000 workers.
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13apujanata posted on Sony Corporation (SNE) at 1:40AM PST on December 9, 2008. Article: Sony slashing 8,000 jobs amid global downturnSony is slashing 8,000 jobs, or 4 % of its global work force, as a global downturn and stronger yen batters profits at the Japanese electronics maker. Sony Corp. , which has 185,000 employees worldwide, said Tuesday it will complete the layoffs by the end of March, 2010. They will come from its electronics business, which has 160,000 workers.[ Oracle ] [ Level 30 ] [ Rank: 14935 ]
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I recently read a Fortune article about job slashing at other companies. The figure is astounding, to say the least :
= 6,000 layoff at Sun Microsystems
- 3,150 layoff at Pepsi Bottling.
-52,000 layoff at Citigroup (one of the largest job cuts on record)
- 197,000 jobs vaporized in US financial sector in 2008.