BREAKING NEWS

BREAKING NEWS

Sony confirms job cuts

Now Reading:

Sony confirms job cuts

Text size Aa Aa

Less than two weeks into the job, Sony’s new boss, Kazuo Hirai, has revealed his strategy to revive its fortunes.

At a briefing for journalists he confirmed media reports that that includes cutting 10,000 jobs at the ailing consumer electronics giant.

There will also be a major push into smartphones, growth in games and cameras, and big cost cuts in a TV business that has not made a profit in eight years.