Sony will cut 10,000 jobs worldwide this year as it attempts to carry out sweeping reforms aimed at reviving the iconic but loss-making Japanese electronics giant, the Nikkei business daily said on Monday.
About half the planned job cuts are part of a restructuring of Sony’s chemical unit as well as operations tied to its small and medium-sized liquid crystal display panels, the Nikkei said in its online edition.
The company’s top seven executives, including its outgoing chief, would also give up their annual bonus, it added without citing sources.
(Source: Bangkok Post)