Japan’s Sony Corp. said it will cut 16,000 jobs, curb investment and pull out of businesses to save $1.1 billion a year as the financial crisis ravages demand for its electronics products.
*For more on this story,
read the full Reuters article.
-Advertisement-
Sony to Cut 16,000 Jobs, Slash Costs
Want more from the best local business newspaper in the country?
Sign-up for our FREE Daily eNews update to get the latest Orange County news delivered right to your inbox!
Would you like to subscribe to Orange County Business Journal?
One-Year for Only $99
- Unlimited access to OCBJ.com
- Daily OCBJ Updates delivered via email each weekday morning
- Journal issues in both print and digital format
- The annual Book of Lists: industry of Orange County's leading companies
- Special Features: OC's Wealthiest, OC 500, Best Places to Work, Charity Event Guide, and many more!
-Advertisement-