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Job Cuts Planned for Sony

Workplace Buzz on April 19, 2007 1:33 PM

Sony Plans Job Cuts In Struggling Gaming Division, reports Shu-Ching Jean Chen for Forbes.com

Amid intense competition in the video game console market, Sony Corp. is planning a restructuring of its games division that will include job cuts in Europe, and possibly in Japan and the U.S.

The broad restructuring efforts will begin with job cuts in the European unit of Sony’s gaming division, Sony Computer Entertainment, reportedly involving the elimination of as many as 160 jobs, or up to 10% of the European unit’s workforce.

The news was conveyed in an e-mail message sent to employees Monday by the unit’s European president, David Reeves.

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