Sony to cut 2,000 jobs as part of restructuring plan

Sony to cut 2,000 jobs as part of restructuring plan

PanARMENIAN.Net - Sony Corp said on Friday, Oct 19, it would cut 2,000 jobs in the year to March 2013 as part of a restructuring plan aimed at speeding up reforms in its struggling electronics business, Reuters reported.

The PlayStation maker said the restructuring, which is expected to save about 30 billion yen ($378.6 million) annually from the year starting next April, is expected to have only a limited impact on this year's earnings results.

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