by David Sanchez on October 19, 2012 @ 3:07 pm
Sony has revealed intentions of cutting 2,000 jobs across its offices in Japan. The company is currently attributing the planned layoffs as part of an “early retirement scheme,” reports The Next Web. Whatever the case may be, it looks like the company’s head office in Japan will take the biggest hit, with 20 percent of its employees expected to be released by the end of the year.
The PlayStation manufacturer has seen some major drops in revenue. Back in August, Sony reported a loss of over $310 million for the Q1 2012 period. By removing 2,000 of its staff members, the company hopes to continue battling its losses. As previously announced by the company, a 10,000 employee cut is expected, so this next wave of layoffs falls in line with those plans.
Sony’s been making budget cuts for some time now, closing down several studios including Sony Liverpool. It’s hard to tell what the company will do next, but it’s obvious it’ll close down the offices it feels it’s not generating a lot of success and revenue from. Any way you slice it, this is a bad situation for everyone involved.
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