Sony China To Cut Employees Across China In Local Offices With The Second Batch Layoffs Around May 1, 2015
18 February 2015, 06:11
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According to reports in Chinese local media, Sony has over 40
subsidiaries and offices in 13 regions in China, including Beijing,
Chengdu, Fuzhou, Guangzhou, Hangzhou, Jinan, Nanjing, Shanghai,
Shenyang, Shenzhen, Tianjin, Wuhan, and Xi'an.
The first batch of offices to be shut down are reportedly located in Anshan, Zhuzhou, Yichang, Luoyang, Quanzhou, Neijiang, Zibo, Yantai, Huai'an, Xuzhou, and Nantong. Employees and managers in those offices have already received a layoff notice along with a compensation agreement.
In addition, an insider revealed that the Japanese company may implement the second batch layoffs around May 1, 2015.
Sony previously published its performance for the third financial quarter of 2014, stating that their profit reached JPY89 billion, representing a year-on-year increase of 237.5%. The company also announced that they still made losses for the entire financial year of 2014; however, the losses were JPY170 billion, instead of the expected JPY230 billion.
The first batch of offices to be shut down are reportedly located in Anshan, Zhuzhou, Yichang, Luoyang, Quanzhou, Neijiang, Zibo, Yantai, Huai'an, Xuzhou, and Nantong. Employees and managers in those offices have already received a layoff notice along with a compensation agreement.
In addition, an insider revealed that the Japanese company may implement the second batch layoffs around May 1, 2015.
Sony previously published its performance for the third financial quarter of 2014, stating that their profit reached JPY89 billion, representing a year-on-year increase of 237.5%. The company also announced that they still made losses for the entire financial year of 2014; however, the losses were JPY170 billion, instead of the expected JPY230 billion.
