Sony to shutter Japanese TV plant as part of restructuring efforts
Hey Sony -- we know that experiencing your first annual operating loss in 14 years calls for drastic measures, but this is bordering on downright rash. Barely a month after announcing that 16,000 employees would be axed, Sony has now revealed plans to close one of its two television plants in Japan and rid itself of 2,000 domestic full-time jobs as it attempts to "revive its electronics business." Of note, it's stated that those 2,000 -- which seem to be a part of the previously mentioned 16,000 figure -- will be shed via "early retirement and other programs." Just think what a 40-inch XEL-1 would do for business. No, seriously Sony, just think.
[Image courtesy of DigitalWorldTokyo]
[Image courtesy of DigitalWorldTokyo]






















Reader Comments (Page 1 of 1)
Mark @ Jan 22nd 2009 5:01AM
Sony is getting clobbered by the exchange rate. I read that something like 80% of their products head overseas so they are probably very conscious of the overbearing cost of Japanese facilities at the moment.
PrzFghtrNfrno @ Jan 22nd 2009 8:28AM
They can't compete with Samsung....95% of the TVs I mount everyday are Samsungs.
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