Sony aims to cut costs, workers to revive its electronics business
Article Abstract:
Sony Corp. of Japan is planning to cut costs, personnel and products and forecasting a sales boost of $8 billion in the next 2 1/2 years. Approximately seven percent of the workforce or 10,000 people will be layed off. A revised financial forecast for this year is a loss of 10 billion Yen ($90 million).
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
User Contributions:
Comment about this article or add new information about this topic:
Sony aims to boost position in key components
Article Abstract:
Sony Corp. is seeking to increase its position in the key components business. The company is hoping to remain the leading technological firm in the the consumer electronics industry.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2003
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Diageo aims to beat system: U.K. group hopes to change way its liquors are sold in U.S. Small liquor company has given a new twist to brand marketing
- Abstracts: Fashion statement: its closets full, LVMH decides to return to basics. Parmalat sues two former auditors for $10 billion
- Abstracts: Tiny oil firm sets sights on Iraq. China and Japan court Russians over oil pipeline. Iraq faces new hurdle in push to export oil
- Abstracts: U.S. hopes to resolve WTO dispute. Microsoft faces 'final' warning from EU on business practices. EU panel moves on patent law
- Abstracts: Telekom Malaysia's chief quits amid row. Telefonica SA