Sony Electronics to Lay Off One-Third of Its U.S. Employees


Electronics giant Sony announced today that it will lay off 1,000 of its U.S. employees at Sony Electronics by the end of this year. It will also close 20 of its U.S stores.
“Sony Electronics confirmed a total staff reduction of one-third by the end of the calendar year, affecting approximately 1,000 employees across all sites,” the company said in a statement.

The layoffs come less than a month after it was announced that the Japanese tech company is expecting losses of over $1 Billion by the end of the fiscal year.

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