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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: MulhollandDrive who wrote (48474)	10/28/2003 12:35:28 PM
From: Alan Smithee	Respond to of 57110

More good <sic.> econ. news: Sony to Cut 20,000 Jobs, Or 13% of Work Force By PHRED DVORAK Staff Reporter of THE WALL STREET JOURNAL TOKYO -- Sony Corp. said it will trim personnel, factories, and overhead as well as make its product-development process more efficient, as part of a long-awaited plan for rejuvenating its flagging electronics business. The plan, which has been in the works since Sony unveiled shockingly poor earnings in April, also included a reshuffling of business divisions that put Ken Kutaragi, the creator of Sony's hit PlayStation game console, more firmly in charge of the next-generation products the company hopes will lead future growth.