Wednesday, October 16, 2019

SONY TO CUT 10,000 JOBS — MOSTLY IN TV UNIT

April 9, 2012 by · Leave a Comment 

Sony, whose Trinitron TV sets have traditionally served as the benchmark for television quality, may be considering downsizing its TV business, particularly in small and midsize products, published reports said today (Monday). Sony has been hit on every side by a glut of TV sets on the retail market that have forced down retail prices, […]

SONY NAMES NEW CHIEF

February 1, 2012 by · Leave a Comment 

Hoping that he can achieve for the rest of the company what he has already achieved for its games division, Sony has named Kazuo Hirai as the company’s next president and CEO. He will succeed Howard Stringer, who will remain executive chairman until June, when he will become chairman of the board. The appointment was […]

SONY SAYS DESPITE LOSSES IT WON’T ABANDON TV MANUFACTURING

August 9, 2011 by · Leave a Comment 

Despite losing money in its television manufacturing business for the past seven years, Sony has dismissed speculation that it is considering abandoning the business. In an interview with today’s (Tuesday) Wall Street Journal, Executive Deputy President Kazuo Hirai commented. “We all know it’s a challenging business, but that doesn’t equate to ‘We should be out […]

REPORT: SONY’S STRINGER TO NAME NEW SECOND-IN-COMMAND

November 25, 2010 by · Leave a Comment 

Sony Corp. is planning to create a new office of the president, a position discontinued when Chairman and CEO Howard Stringer ousted the former president, Ryoji Chubachi in 2009, Bloomberg news reported today, citing people familiar with the matter. Chubachi had been considered part of the old guard at Sony, executives who, in particular, had […]