Report: Sony Corp. Offers Early Retirement Package
December 5, 2005 at 11:00 AM (PT)
SONY CORP. has started offering early retirement to workers as part of its plan to cut 10,000 jobs worldwide, reports the AP. The company started offering early retirement packages FRIDAY to workers in noncore operations, such as HR and accounts.
Managers and rank-and-file workers who have worked at least 10 years are eligible, says the report, and SONY will accept applications until FEBRUARY 15. Engineers are excluded from the offer, as the technology titan wants to maintain its Research & Development capabilities.