Sony CEO Kaz Hirai Confirms 10,000 Job Losses, Major Changes
The new CEO of Sony isn’t exactly starting his new job the way he probably intended. Rumours last week suggested that around 6% of the global Sony workforce would be axed in a ‘major reorganisation’ of the company: Kaz Hirai this week has confirmed this, stating that the PlayStation manufacturer’s plans to turn their fortunes around after several years of net losses would involve cutting around 10,000 jobs.
“We have heard a multitude of investor voices calling for change,” Hirai noted in a press conference recently. “Sony will change. Sony has always been an entrepreneurial company.” The proposed shake-up will cost Sony over £580 million (just shy of a billion dollars) and in light of a revised forecast suggesting the company will have made an “annual loss of $6.4 billion for 2011″ (around double the prediction) a workforce cull was something of an inevitability.
A press release released by Sony outlines the new directions the company are looking to take going forward, in a bid to overcome their financial difficulties and end a bad streak of net losses. From a gaming perspective at least, the changes sound positive.
“[Sony] aims to increase sales by enriching its catalogue of downloadable game titles and subscription services available through the PSN platform, and also by expanding the lineup of PlayStation Suite compatible devices and content.” This bodes well for PlayStation 3 owners, who should now be looking forward to more content more regularly.
MediaKick wishes those losing their jobs the best of luck in finding new ones, and we have our fingers crossed that Sony’s plans work.