Sony Will Cut 10 Thousand Employees

Japanese electronics giant, Sony is rumored to be cut 10 thousand employees, or approximately 6 percent of its global workforce.

As reported by CNET, Monday (09/04/2012), Japanese Business Newspaper reported the seven executives include a former chairman and CEW Howard Stringer will likely be asked to sacrifice their bonuses. The dismissal of an option after the company suffered a loss of 260 billion yen, or $ 3, 2 billion in the fiscal year.

Sources say, half of the workforce reduction that will be focused on areas of chemical companies and the LCD business. Kazuo Hirai, who took over the leadership as chief executive in early April, is scheduled to be host of the show on a company event being held this week.

The event is held to the company's strategy to face the challenges in the coming year. Trimming the body of employees in the company is likely to be a big agenda. Currently the three core pillars remain the focus of the Sony digital imaging, gaming and mobile.

With the elimination of 6 percent of the workforce is expected to help restore the glory of the body electronics and entertainment giant. Of all relevant corporate profitability.
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