Just a couple of days ago, we talked about how Sony will release 10,000 workers from their payroll in a corporate exercise to trim costs as well as boost profits. It seems that this is all part of the One Sony strategy that was adopted by the Japanese consumer electronic giant’s new CEO, Kazuo Hirai. After all, losing $6.4 billion in the last year is something that no company worth their salt wants, and in order to stem the loss, the One Sony plan will involve shedding its workforce by a whopping 10,000 people in the coming year.
Sony intends to consolidate their business by narrowing down their focus, concentrating more on the digital imaging, gaming and mobile sectors as those have been identified to be potential growth engines for the company, and will continue to be so until all three churn out 70% of the group’s total sales by the time 2014 decides to bid us adieu. Do you think Sony’s strategy will work, and if you want to check out their presentation slides, hit the source link below.
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