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Sony in US / Closing 20 stores and cutting 1,000 jobs

Sony warned earlier this month about significant and serious reorganization changes coming this year, and now they’re becoming a reality for many employees in the United States.

Image representing Sony as depicted in CrunchBase

Image via CrunchBase

The consumer tech giant announced on Wednesday morning that it will be shuttering 20 stores. This in turn will result in approximately 1,000 layoffs at these locations nationwide.

Sony announced amid its last quarterly earnings report that it is planning to reduce its headcount by close to 5,000 over the course of the year.

Only 11 stores will remain open, scattered across California, Florida, New York and Texas.

Chosen excerpts by Job Market Monitor. Read the whole story at Sony slashing U.S. presence by closing 20 stores, cutting 1,000 jobs | ZDNet.

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