• search

Recession: Sony Pictures to layoff 350 jobs

Written by: Staff
|

Bangalore, Mar 11: Hit by global recession Sony Pictures Entertainment Inc, the movie studio subsidiary of the Japanese electronics maker is planning to layoff 350 jobs.

About 250 people will be laid off and nearly 100 positions will be eliminated as a part of its cost cutting measure. On Tuesday, Mar 10 Michael Lynton, the Chief Executive and Studio CO-chair Amy Pascal announced 3.5 pc job cuts worldwide. 150 people will be laid off in United States alone specially in Los Angeles. The company also has plans not to fill 100 positions.

OneIndia News

For Daily Alerts
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more