For two months, Mr. Hirai has been searching with deputies for ways to streamline the company without wrecking product pipelines that could deliver innovations, the people said.
- Vaccine Education Summit
- Bitcoin Summit
- Ernie's Favorites
- THE R3VOLUTION CONTINUES
- "It's Not My Debt"
- Fascist Nation's Favorites
- Surviving the Greatest Depression
- The Only Solution - Direct Action Revolution
- Western Libertarian
- S.A.F.E. - Second Amendment is For Everyone
- Freedom Summit
- Declare Your Independence
- FreedomsPhoenix Speakers Bureau
- Wallet Voting
- Harhea Phoenix
- Black Market Friday
The cuts could be made over the next two fiscal years, ending in March 2014, though the timing hasn't been settled, the people said. The potential cuts were the first details to emerge of Mr. Hirai's restructuring plan since he succeeded Howard Stringer as CEO this month. The plan is expected to be announced at a corporate strategy meeting on Thursday.
Mr. Hirai is focusing on turning around an electronics business that has had four straight years of losses. The operation once was responsible for Sony's reputation for innovative products, but in recent years it has failed to match the success of Apple Inc. AAPL +0.26% and Samsung Electronics Co. and has suffered from a strong yen and brutal price competition.
Additional Related items you might find interesting:Related items:
News Link • Business/ Commerce
News Link • MEDIA (MainStreamMedia - aka MSM)
News Link • Future Predictions
News Link • Economy - International
News Link • Science, Medicine and Technology
News Link • Inventions
News Link • Stock Market