Sony Confirms 10,000 Layoffs but Games studios ‘spared’

Games studios ‘spared’ in Sony mass-layoff plan | Game Development | News by Develop

Chemicals, TV, sales and marketing to bear the brunt of global cut-backs

Sony will not bury the axe into its games division as the company prepares to slash some 10,000 jobs from its global entertainment empire, Develop understands.

Information of the company’s restructuring operation suggests that the television, marketing and chemicals business will bear the brunt of the cut-backs.

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Sony Confirms 10,000 Layoffs In Major Reorganization

Confirming the report from earlier this week, Sony president and CEO Kazuo Hirai said the company will cut 10,000 jobs globally as part of a big “One Sony” reorganization.

The company has five immediate goals: it wants to strengthen its core businesses — digital imaging, gaming and mobile — turn around its TV business, expand into emerging markets, create new businesses and fuel innovation and, finally, realign the business portfolio and optimize its resources…

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mashable.com

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