Sony fires 16,000 people
Despite the surprising resilience of the Japanese currency, which has already strongly strengthened against the dollar (+ 21%) and the euro (+ 38%), Japan is also facing a crisis.
The second largest consumer electronics manufacturer in the world, Sony, plans to lay off 16,000 workers . For Japanese companies, this is the most massive layoff since the beginning of the global financial crisis. Among the abbreviated 8,000 full-time employees (5% of the entire staff of Sony) and the same number of contractors. All layoffs will occur gradually and should be completed by March 2010.
As part of anti-crisis measures, investments will also be reduced by 30% (in particular, the investment project with the Nitra plant in Slovakia, where LCD TVs are assembled for the European market, is minimized), some outsourcing projects and non-profit areas are closed. In addition, 5-6 of the 57 factories that Sony has now will be stopped, including the French factory for the production of DVDs and other storage media. All this will allow the company to save more than 100 billion yen per year ($ 1.1 billion).
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In connection with the strengthening of the Japanese yen, Sony also plans to adjust the prices of its products. Apparently, they should rise in dollar terms.
via Bloomberg
The second largest consumer electronics manufacturer in the world, Sony, plans to lay off 16,000 workers . For Japanese companies, this is the most massive layoff since the beginning of the global financial crisis. Among the abbreviated 8,000 full-time employees (5% of the entire staff of Sony) and the same number of contractors. All layoffs will occur gradually and should be completed by March 2010.
As part of anti-crisis measures, investments will also be reduced by 30% (in particular, the investment project with the Nitra plant in Slovakia, where LCD TVs are assembled for the European market, is minimized), some outsourcing projects and non-profit areas are closed. In addition, 5-6 of the 57 factories that Sony has now will be stopped, including the French factory for the production of DVDs and other storage media. All this will allow the company to save more than 100 billion yen per year ($ 1.1 billion).
')
In connection with the strengthening of the Japanese yen, Sony also plans to adjust the prices of its products. Apparently, they should rise in dollar terms.
via Bloomberg
Source: https://habr.com/ru/post/46642/
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