EMCC European Monitoring Centre on Change

Sony

Company/Organisation:
Sony

Geographic Location

Country: World

Company

Sector: Manufacturing
Manufacture of computer, electronic and optical products
26.40 - Manufacture of consumer electronics
Number Employed: 168200

Employment Effects

Announcement Date: 12-04-2012
Planned Job Reductions min: 5000
Planned Job Reductions max: 10000
Type of Restructuring: Internal restructuring
Employment Effect Start: 13-04-2012
Foreseen End Date: 31-03-2013

Additional Information

Japanese electronics and entertainment group Sony has announced that it is to trim its global workforce and cut up to 10,000 jobs. Half of the jobs will be cut in the television division of the company. Another 5,000 employees will leave Sony but might retain their jobs, as they are working for two production units that Sony sold to other companies.

Since 2005, Sony enforced two other substantial rounds of staff reductions - the first in 2005 resulting in 10,000 job cuts and a second wave of restructuring in 2008 with 16,000 job cuts.