Sony's Japanese restructuring: Minokamo camera lens plant to close, 2,000 jobs to be shed before March 2013

Kaz Hirai's "One Sony" rescue plan was designed to unite the many disparate arms of the conglomerate, shed 10,000 jobs and make cost savings wherever it could. Facilities in Sweden and the UK have already been closed, so now the company is shifting focus to its operations in Japan. Sony will close its Minokamo site, which currently produces camera lenses for DSLRs and smartphones, with production being moved to factories in Kohida and Kisarazu, 840 staff will lose their jobs. The company is also instituting an early retirement program across its various Japanese businesses in order to push the domestic total to 2,000 -- which it must do before a self-imposed deadline of March 2013.

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Filed under: Cellphones, Cameras, Sony

Sony's Japanese restructuring: Minokamo camera lens plant to close, 2,000 jobs to be shed before March 2013 originally appeared on Engadget on Fri, 19 Oct 2012 04:49:00 EDT. Please see our terms for use of feeds.