Remodeling Maidiac
Diamond Member
- Banned
- #1
Under theheader OneSony, it will start by laying off 10,000 employees as reported by Reuters earlier and projects to spend 75 billion yen (roughly $926 million) on restructuring in fiscal year2012, which ends March 31, 2013.
We should point out, however, that thejob cuts also includeemployees expected to transfer to external companies as part of thesale of businesses and other realignments. Not that it makes the lay-offs a positivething, but noteworthy.
Yesterday, the company announced that it expects a massive$6.4 billion net loss for the full year ended March 31, 2012.
Sony Confirms 10,000 Job Cuts, Reveals Turn-Around Strategy
10000 jobs from one company. 6.4 billion in losses from one company.
Yep things are looking better.
/sarcasm
We should point out, however, that thejob cuts also includeemployees expected to transfer to external companies as part of thesale of businesses and other realignments. Not that it makes the lay-offs a positivething, but noteworthy.
Yesterday, the company announced that it expects a massive$6.4 billion net loss for the full year ended March 31, 2012.
Sony Confirms 10,000 Job Cuts, Reveals Turn-Around Strategy
10000 jobs from one company. 6.4 billion in losses from one company.
Yep things are looking better.
/sarcasm