It’s no secret that Sony’s had difficulties with profitability, especially in their TV manufacturing operations. With cheaper labor forces in South Korea and China, companies like Samsung have been able to offer LCD sets at lower prices then Sony can match. Come April 1st, 2012, Sony Manufacturing Systems, a division of Sony which makes factory equipments will be absorbed by Sony EMCS (another internal division of Sony) which manufactures the companies VAIO (computer) line and television sets.
The merger of these operations will result in a loss of 100 contract workers while the 411 regular workers will stay on board with Sony, though they will be transferred to a new location. This will be due to plant closings from Sony who hopes to consolidate operations and reduce costs.
[Via Reuters]
You must be logged in to post a comment.