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Sony Cuts Get Deeper – A Third of U.S. Staff to be Cut; 20 Sony Stores Will Close

February 26, 2014 by Ted Leave a Comment

Sony logo on screen at CES press presentation

Although not a surprise, Sony Electronics in San Diego began releasing details of a substantial cutback in U.S. facilities and personnel. The company says it will cut 33% of its U.S. staff – about 1,000 employees. Also, the company announced a major retreat from retail as it will close 20 of its 31 total Sony Store locations.

See more on this significant Sony restructuring… [Read more…] about Sony Cuts Get Deeper – A Third of U.S. Staff to be Cut; 20 Sony Stores Will Close

Filed Under: Asian Connection, Financial, Management, Manufacturers, News, Pivot Point, Strategy Tagged With: Kaz Hirai, Mike Fasulo, Sony

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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