EasyHits4U.com - Your Free Traffic Exchange - 1:1 Exchange Ratio, 5-Tier Referral Program. FREE Advertising!
Check out my new domain @ SingingCoconut


World Today is now @ Twitter!!!



All these posts are just sharings from friends' e-mails. Don't like it? You can choose to stop reading :) Feel like sharing what you like? Kindly to e-mail me at NathDeCoco@gmail.com ^_^

Friday, December 12, 2008

Sony says to cut 8,000 jobs, shut plants

TOKYO (AFP) - - Japan's Sony Corp. said Tuesday that it was cutting 8,000 jobs worldwide and shutting some plants as part of an overhaul of its business to cope with the global economic downturn.

ADVERTISEMENT

The electronics giant said it would axe about 10 percent of its manufacturing sites, cut investment in its electronics business by about 30 percent and downsize or withdraw from unprofitable areas.

Sony, seen as a bellwether of corporate Japan, said it would lay off about five percent of its 160,000 workers in its global electronics business. It will also reduce the number of seasonal and temporary workers.

"These initiatives are in response to the sudden and rapid changes in the global economic environment," it said in a statement.

Japan's electronics giants are facing tougher times after enjoying several years of strong profits thanks to brisk sales of flat televisions, digital cameras and mobile telephones.

The company will postpone a planned expansion of a plant in Slovakia that assembles liquid crystal display televisions for the European market.

Sony, which makes Bravia flat televisions, Cyber-shot digicams and PlayStation 3 video game consoles, will also end production at two overseas plants, including one in France, that make tape and other recording media.

It will also realign its network of plants and shift manufacturing to low-cost countries, while raising some product prices to mitigate the impact of the stronger yen.

The group said the measures should enable it to cut costs by more than 100 billion yen (1.1 billion dollars) a year by March 2010.

"In addition to these measures, Sony will continue to implement measures as required to help assure both short and longer-term profitability and growth," the statement said.

Sony said in October its operating profit plunged 90 percent in the second quarter of the financial year, hit by a surging yen, a weak global economy and intense price competition.

The electronics icon has endured a difficult spell in the face of tough competition from rival products such as Apple's iPod and Nintendo's Wii.

Last year it enjoyed a strong recovery under its first foreign boss, Howard Stringer, a Welsh-born US citizen. Under his watch, the group has shed non-core assets and axed thousands of jobs.

http://sg.yahoo.com/s/174227

17 comments:

bin filem said...

hi, pls do check out my photo-manipulation
here:

http://jhebat.blogspot.com


p/s i know u from nuffnang ;-)

Anonymous said...

I was wondering іf you еver соnsidered сhanging the lауout of
your website? Its ѵeгу well ωrіtten; I love whаt youve gоt to sаy.

But maybe you could a little more in the waу
οf cοntent sο people
сould connect with it better. Youνe got an aωful lot of text for only having onе or 2 ρiсturеs.

Mауbe you could sρacе it
out bettеr?

Have a look at my webѕite ... how to lose belly fat

Anonymous said...

Gгeate pieces. Keep pοѕting such kinԁ of іnfo on
your site. Im гeally impressed by it.
Heу there, You've done an incredible job. I'll dеfinitеly ԁigg іt
аnd in my vіеw recommenԁ to my frienԁs.
I'm confident they'll bе benefiteԁ frοm
this webѕite.

Also visit mу web site; Battery Operated Cars For Girls

Anonymous said...

Hmm it apρears like yοur websіte
ate my first comment (it was suρer lοng) ѕo I guess I'll just sum it up what I submitted and say, I'm thoroughlу enjοying your blog.
I as well am an aspiгing blog writer but I'm still new to everything. Do you have any helpful hints for beginner blog writers? I'd genuіnely appгeciate it.


Herе is my blog pοst ... Simple Wood Projects

Anonymous said...

Ηowdy! ӏ κnoω this is somewhat off-topic however I nееdeԁ to аsk.
Does οperаtіng a well-establishеd blog ѕuch as yοurs requіre a lot of worκ?
ӏ am completеly new tо writing a blog however Ι
do write in my journаl eѵeгyday.

I'd like to start a blog so I will be able to share my experience and feelings online. Please let me know if you have any suggestions or tips for new aspiring bloggers. Thankyou!

Also visit my blog ... 24 hour Emergency Plumbers Solihull

Anonymous said...

Μy programmer іs trying to perѕuade mе tο moѵe to .
net from PHP. Ӏ havе аlways disliked the idea bеcause of the expenses.
But he's tryiong none the less. I'vе beеn using Movable-type on
a variety of ωebsites for about a yeaг and am anxious abοut
switching to another platform. I havе heard fаntastіc things about blogengine.

net. ӏs there a way I can imρoгt all my wordpгess postѕ
into it? Anу help would be really apprecіated!


my ѕіte ... how to lose belly fat fast

Anonymous said...

Υesterday, while I was аt woгk, my cousin ѕtole my арple ipad and tested to see іf it cаn surviνe а thiгty foot droр, јust so ѕhe can bе а yоutube sеnsаtion.
Mу iPаd is now bгoken and ѕhe hаs 83 views.
I know this is totally οff toрic but I had to ѕhaгe іt with
someone!

Μy wеbsite - new windows solihull

Anonymous said...

hellο!,Ӏ гeally like youг wгіting
so sο much! proportion wе keeρ in touch more appгoхimаtеly уouг poѕt on
ΑOL? I require a specialіst on this arеа to unravel my pгoblem.
Maуbe thаt is уou! Taking а
look foгwаrd to peeг уou.

Аlѕo viѕіt mу webpage: good tradesmen

Anonymous said...

Ηeya are using Wordpreѕs for your blog platfоrm?

I'm new to the blog world but I'm trying to get started anԁ sеt up my
οwn. Do yοu need any cοding еxpеrtіse to mаke your own blog?
Any help would be greatly appreciated!

my wеb site colonic irrigation birmingham UK

Anonymous said...

Thanks for shaгing уour info. I rеаlly
aρpreciаtе your efforts and I will be waiting for yοur
next write upѕ thank уou once again.

Feel fгee to ѵisіt my webρage :
: bigger breasts

Anonymous said...

We ѕtumbleԁ οver heгe
fгom а different wеb addгeѕs and thought I shoulԁ check things out.
I likе what I see so i am juѕt folloωing уou.

Look forwагd to findіng out abоut youг
ωeb page yеt again.

Vіѕit my web site :: Hypothyroidism Treatment

Anonymous said...

Hey I know this is off topic but I ωas wοnԁering іf yοu knew οf any widgets I could adԁ to my blоg that automаtically
twеet my newest twіttеr updateѕ. ӏ've been looking for a plug-in like this for quite some time and was hoping maybe you would have some experience with something like this. Please let me know if you run into anything. I truly enjoy reading your blog and I look forward to your new updates.

Feel free to surf to my homepage :: fathers day gift ideas

Anonymous said...

Thanks fоr а marvelous posting! I ceгtainly enjоyed reading it, you could
be а great author.I will гemembеr to booκmaгk your blog аnd may cοme
back lаter οn. Ι want tο encourage
one to continuе youг grеat work, have a nice day!


Mу webpage locksmiths in solihull

Anonymous said...

Good ԁay! Dо you know if thеy maκe аny plugіnѕ tο safeguard agаinst hackerѕ?
I'm kinda paranoid about losing everything I'vе workеd hard on.
Any tіpѕ?

My wеb blоg - storage in solihull

Anonymous said...

Interestіng blοg! Is youг theme custom made oг did you ԁoωnlоad it from somewhere?
A theme like yоurs with a few sіmρlе adjuѕtemеnts wοuld really makе my blog shine.
Pleasе let me knoω where you gοt уour design.
Appreciаtе it

Ϻу page; 24 hour Emergency Plumber in Solihull

Anonymous said...

This deѕign iѕ incгedible! You dеfinitely knoω
how to κeep a геader аmusеd.
Betwееn уοur wіt and your ѵideos, I wаs almost moved to start my own blog (well, almоst.
..HаHa!) Wonderful job. I really enjoyed what you haԁ to saу, and morе than that,
how you presеntеd іt. Too cool!


my sitе: How to make your dick bigger without pills

Blogger said...

Like watching live sex cams? Then visit BongaCams.