According to Sony Corporation they are planning to cut down 6% of their global workforce to lower down their overall loss that is around $6.1 billion and their entertainment or say television business is also biting them since last 8 years by March 2014.
After the new CEO and President Kazuo Hirai appointed he is describing his strategy to make a boost in Sony base business by cutting Job and extra expenditures to manage the company shares in market.
Sony Corp. is currently dealing in a variety of business areas like electronics, gaming consoles, movies, television etc and now it needs to do some savings to maintain it’s previous glory and that is possible if the new CEO and President Kazuo Hirai is going to be really serious over his pledge he took infront of hundreds of journalists and employees.
According to new CEO and President Kazuo Hirai they are planning to step in emerging market and also in the medical equipment making and selling business to grab the opportunity and making some profit to give a stability to the overall business spread over the global market.
Sony have to prove their existence because now the Apple and Samsung taking place at the very corner of consumers mind and that’s the reason other companies have to reduce their manufacturing, cutting JOB etc to make them alive until the future possibilities go beyond the imagination.