Friday, October 19, 2012

Reuters: Technology News: Japan's Sony to cut 2,000 jobs in restructuring

Reuters: Technology News
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Japan's Sony to cut 2,000 jobs in restructuring
Oct 19th 2012, 06:57

TOKYO | Fri Oct 19, 2012 2:57am EDT

TOKYO (Reuters) - Sony Corp said on Friday it would cut 2,000 jobs in the year to March 2013 as part of a restructuring plan aimed at speeding up reforms in its struggling electronics business.

The PlayStation maker said the restructuring, which is expected to save about 30 billion yen ($378.6 million) annually from the year starting next April, is expected to have only a limited impact on this year's earnings results.

(Reporting by Shinichi Saoshiro; Writing by Mari Saito; Editing by Michael Watson)

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