Sony to axe 8,000 jobs, close factories
Sony plans to cut 8,000 jobs, close factories and reduce electronics investment by nearly a third in response to the current economic conditions, it said Tuesday.
Sony plans to cut 8,000 jobs, close factories and reduce electronics investment by nearly a third in response to the current economic conditions, it said Tuesday.
Sony's game division saw higher revenue on much stronger sales of the PlayStation 3 console during the July to September quarter but the division still recorded a loss during the period, the company said Wednesday.
Sony is recalling about 73,000 Vaio laptops in the US because faulty wiring near a hinge can pose a burn hazard. According to the UK's Guardian, the company has had to recall over 400,000 Vaio laptops worldwide.
It is rumoured that Sony plans to drop the price of its standalone Blu-Ray players by US$100 next month.