Tags:
Journalism of Courage
Sony Corp. says it plans to close a factory in central Japan,tweaking its restructuring plan by cutting its workforce by 2,000 in moves expected to save it 385 million.
The company8217;s Minokamo factory,in Gifu prefecture,has as many as 840 workers making lenses for digital cameras,lens blocks and mobile phones. Sony said Friday that those job functions would be transferred to other factories.
That closure plus early retirement programs at Sony8217;s headquarters and other facilities will cut its jobs by 2,000. About half the reductions will be in non-manufacturing support jobs.
Its profitability battered by Japan8217;s March 2011 disasters and other factors,Sony reported the worst loss in its 66-year corporate history for the business year that ended in March,with red ink of 457 billion yen 5.7 billion.
