Sony Corp. is slashing 4 percent of its worldwide work force, reining in spending and shutting plants as it tries to ride out a looming worldwide recession that is battering Japan’s export-reliant ...

Sony is slashing 8,000 jobs, or 4 percent of its global work force, aiming to cut costs by $1.1 billion a year as a global downturn and stronger yen batters profits at the Japanese electronics maker.

We’ll send you a myFT Daily Digest email rounding up the latest San Francisco news every morning. Sony will close five or six factories, curb investment and cut 8,000 jobs globally, it announced on ...

Sony plans to lay off 8,000 workers in its electronics business worldwide as part of a broader plan to trim expenses and tighten its focus in a difficult financial climate, the company said Tuesday.

Japan's Sony Corp. said it will cut about 4% of its workforce, curb investment and pull out of businesses to save $1.1 billion a year, as the financial crisis ravages demand for its electronics… By ...