Games studios 'spared' in Sony mass-layoff plan

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April 20th, 2012, 23:40 Posted By: wraggster

Chemicals, TV, sales and marketing to bear the brunt of global cut-backs

Sony will not bury the axe into its games division as the company prepares to slash some 10,000 jobs from its global entertainment empire, Develop understands.
Information of the company’s restructuring operation suggests that the television, marketing and chemicals business will bear the brunt of the cut-backs.

Sony declined to comment when approached by Develop.
Targeting a six per cent reduction of its workforce (about 10,000 employees), it is believed that Sony will remove about 5,000 workers through the sale of its chemicals and LCD business.
New CEO Kaz Hirai, who has a mandate to slash operating expenses by a third within twelve months, said that Sony’s focus will be on three divisions: Digital imaging, phones and games.

http://www.develop-online.net/news/4...yoff-operation

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