Sony's new CEO Kazuo Hirai has announced his new "One Sony" plan that lays off 10,000 workers and narrows the company's focus to three distinct areas. Is it going to be enough to return Sony to its former glory?
Sony will cut costs by at least 20 percent in its electronics sales unit and start a new television business as chief executive Kazuo Hirai tries to revive a company that has lost more than $9 billion (R93.5bn) in the past six years... Read Post
Hot on the heels of Yahoo's massive layoffs, Sony is reportedly readying to lay off 10,000 workers as CEO Kazuo Hirai looks to lead the company back in the black. In what areas is Sony scaling back? Read Post