Sony Confirms 10,000 Job Cuts

Sony wrote today on the 10,000 jobs they plan on chopping out of their framework in the coming months.

“Sony is positioning digital imaging, game and mobile as the three main focus areas of its electronics business and plans to concentrate investment and technology development resources in these areas,” the company said.

“By growing these three businesses, Sony aims to generate approximately 70% of total sales and 85% of operating income for the entire electronics business from these categories by FY14.”

It appears the company wants to shift towards the online market even more so than in previous years.

“The Company also aims to increase sales by enriching its catalog 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,” said Sony.

“Sony will target game business sales of one trillion yen and operating income margin of 8% by FY14.”

This shift in budgeting means that the recent closure of Zipper Interactive is just a tip of one huge iceberg.

“As a result of these measures, Sony estimates that the headcount across the entire Sony Group will be reduced by approximately 10,000 in FY12,” the company confirmed.

Sony has said that they will “consider various measures to secure continuity of employment for employees at their new destinations."

Via VG247