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Latest NewsEconomics, government & businessJob creation and losses

Sony slashes 650 UK jobs

by Mike Berry 30 Jun 2005
by Mike Berry 30 Jun 2005

Electronics giant Sony is axing 650 workers as part of a shake-up of its UK operations, blaming plummeting sales of traditional-style televisions.

The company’s factory in Bridgend, South Wales, is to be closed by the end of the year. Jobs will also go at its sister plant in nearby Pencoed but the factory itself will remain open.

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Increased demand for flatscreen TVs across the UK is to blame for the end of the South Wales plant.

The latest round of job cuts comes after the company axed 300 workers back in January, largely because of the rise in flatscreen TV demand.

Mike Berry

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