Sony to close Tokyo tech center to trim costs
News On Japan via Reuters -- Oct 24

Sony Corp plans to shut operations in a Tokyo office building that houses 8 percent of its Japan staff, one of the first concrete moves by the electronics and entertainment company to pave the way for 4,000 job cuts.

The move, part of a still-unfolding restructuring under Chief Executive Kazuo Hirai, had not been previously disclosed.

Sony will shut down the Shinagawa Technology Center, a 31-storey building it has occupied since it was built in 1998, a company spokesman told Reuters. The 4,800 staff in the center will be relocated.



Source: Reuters


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