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Sony fires 10,000, loses $6.4 billion, and cuts down on TVs: What could possibly go wrong?

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?
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See more about: Kazuo Hirai

Sony lays out plans to restructure, slash costs and return to profit

Business & Finance : Business Report (9 months ago)

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

Sony To The Digital Future: We Surrender

Technology : ReadWriteWeb (last week)

Sony appears ready to concede defeat in its effort to put its stamp on the digital future. CEO Kazuo Hirai broadly hinted that the company may sell off its struggling smartphone and smart TV operations as it focuses on more profitab... Read Post

Sony outs Howard Stringer as president and CEO, names Kazuo Hirai as his replacement

Technology : The Next Web Blog (3 years ago)

As the company faces its fourth straight year of losses, Japanese electronics giant Sony has announced that it has named former president of its Consumer Products & Services Group Kazuo Hirai... Read Post

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