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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).

Author: Dvorak, Phred
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
Household audio and video equipment, Organizational history, Management dynamics, Management, Company restructuring/company reorganization, Reorganization and restructuring, Company Profile, Company business management, Company organization, Stringer, Howard

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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.

Author: Ligi, Antonio
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2003
Strategy & planning, Planning, Company business planning

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Subjects list: Japan, Consumer electronics industry, Sony Corp., SNE
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