EN
19 October 2012 - 07:46 AMT

Sony to cut 2,000 jobs as part of restructuring plan

Sony Corp said on Friday, Oct 19, it would cut 2,000 jobs in the year to March 2013 as part of a restructuring plan aimed at speeding up reforms in its struggling electronics business, Reuters reported.

The PlayStation maker said the restructuring, which is expected to save about 30 billion yen ($378.6 million) annually from the year starting next April, is expected to have only a limited impact on this year's earnings results.