restructuring

Robin Harding

The restructuring that Sony announced on Tuesday – 8,000 job losses plus another 8,000 temporary workers, with five or six factory closures – has been criticised as light on specifics. The goal is to save Y100bn in the 2010 financial year, but there is no estimate of the cost, and little detail on which factories will close.Until Sony makes its intentions clear, all of its factory employees will feel under threat, but a few more details have now emerged. Read more