Sony is slashing 8,000 jobs, or 4 percent of its global work force, aiming to cut costs by $1.1 billion a year as a global downturn and stronger yen batters profits at the Japanese electronics maker.

Sony Corp.’s Howard Stringer, the first foreigner to head the Japanese electronics and entertainment company, promised a decisive turnaround Thursday centered on cutting jobs, closing plants and ...

Sony Corp. is slashing 4 percent of its worldwide work force, reining in spending and shutting plants as it tries to ride out a looming worldwide recession that is battering Japan’s export-reliant ...

Sony is planning a companywide restructuring that will result in the loss of 10,000 jobs and the closure of 11 plants, among other changes, the electronics giant said Thursday. The company, which has ...

Financial woes have not been leaving Sony and may have worsened over the last financial year. In April 2012 Kazuo Hirai took the helm as President of Sony and had put in his efforts to revamp their ...

Sony has been working mobile fans into a frenzy at MWC in Barcelona this week, showing off a slew of new products for the first time, though for a thousand workers at its US stores it appears there’s ...