Report: Sony to Slash 10,000 Jobs Worldwide - East Idaho News
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Report: Sony to Slash 10,000 Jobs Worldwide

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Getty B 052511 SonyLogos?  SQUARESPACE CACHEVERSION=1333970598723AFP/AFP/Getty Images(TOKYO) — After four straight years of losses, Sony Corp. is planning to eliminate 10,000 jobs worldwide in an effort to restructure the company, Nikkei reports.

With 168,200 employees as of March 2011, the cuts would amount to about six percent of the Japanese electronics and entertainment giant’s workforce.

Nikkei says the layoffs could come as early as the end of this year and will likely affect Sony’s chemicals and small- and medium-sized LCD operations.

Sony has not confirmed the report, but the company’s new CEO, Kazuo Hirai, is expected to hold a press conference on Thursday.

Copyright 2012 ABC News Radio

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