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
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