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Sony to cut 8,000 jobs, close factories
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Written by Daniel   
Tuesday, 09 December 2008 10:31

Sony to cut 8,000 jobs, close factories
by Jose Vilches on December 9, 2008, 10:23 AM
TechSpot

Amid a global economic downturn, Sony has announced it is to cut 8,000 jobs and close several of its manufacturing facilities in a bid to save $1.1 billion in its next fiscal year, which runs from April 2009 to March 2010. Apparently, their exports are swimming against the tide as the yen gains strength against the dollar and the euro, which causes prices of its products to rise.   [Comments...]

 

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