Tuesday, October 23, 2012

Reuters: Technology News: Sony to close tech center in Tokyo to trim costs

Reuters: Technology News
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Sony to close tech center in Tokyo to trim costs
Oct 23rd 2012, 08:06

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Sony Corp's logo is pictured at the company headquarters in Tokyo April 12, 2012. REUTERS/Yuriko Nakao

Sony Corp's logo is pictured at the company headquarters in Tokyo April 12, 2012.

Credit: Reuters/Yuriko Nakao

TOKYO | Tue Oct 23, 2012 4:06am EDT

TOKYO (Reuters) - Sony Corp said it will close an office building in Tokyo and relocate the 4,800 people who work there to other sites in and around Japan's capital to help squeeze costs as it seeks to return to profit.

The Shinagawa Technology Center, close to its Tokyo headquarters, will be vacated by September next year, a Sony spokesman told Reuters, with the property being returned to its owners.

(Reporting by Tim Kelly and Junko Fujita; Editing by Michael Watson)

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