Open Enrollment | Subscribe to Dealerscope HERE
Follow us on

Sony Chief Unveils Plans to Revive Company

April 12, 2012

Promising change and announcing a string of goals Sony's chief executive, Kazuo Hirai, laid out a revival plan for the struggling electronics and entertainment company, including a focus away from its unprofitable television business and a plan to cut 10,000 jobs.

Sony is headed for its fourth consecutive year of losses, battered on all sides by nimbler rivals and putting pressure on Mr. Hirai, who took charge at Sony this month, to chart a turnaround.

"The time for Sony to change is now," Mr. Hirai said during a news conference Thursday, his first



Companies Mentioned:

People Mentioned:

More Suggested Content:

Sony Ericsson Xperia Mini Phone
New CEO For Sony Mobile
April 4, 2012 From News
Sony's new mobile division, Sony Mobile Communications, has named a CEO. Kunimasa Suzuki will take over the division that was formerly part of Sony Ericsson, in the latest step in Sony's reorganization.
Sony Logo
Sony Out of CTIA Show
April 6, 2012 From News
Sony will not participate in the upcoming CTIA show in New Orleans, CNET reported Thursday.


Click here to leave a comment...
Comment *
Most Recent Comments: