Freshly minted Sony CEO Kaz Hirai has revealed his plan to turn around Sony’s fortunes and as rumored, it includes significant cuts. There have been rumors it would cut as many as 10,000 jobs and slash bonuses, and the company has already revised its projections for the 2011 fiscal year to reflect a $ 6.4 billion loss. The press release is available after the break and confirms it will reduce headcount by 10,000 in the 2012 financial year, including jobs that will leave Sony as businesses are sold or otherwise reorganized.

…developing

Continue reading Kaz Hirai reveals ‘One Sony’ turnaround strategy, will cut 10,000 jobs

Kaz Hirai reveals ‘One Sony’ turnaround strategy, will cut 10,000 jobs originally appeared on Engadget on Thu, 12 Apr 2012 02:01:00 EDT. Please see our terms for use of feeds.

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