Sony slashing U.S. presence by closing 20 stores, cutting 1,000 jobs

Summary:Are Sony's cutbacks more evidence of the changing of the guard at the top of the tech world?

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Sony warned earlier this month about significant and serious reorganization changes coming this year, and now they're becoming a reality for many employees in the United States.

The consumer tech giant announced on Wednesday morning that it will be shuttering 20 stores. This in turn will result in approximately 1,000 layoffs at these locations nationwide.

Sony announced amid its last quarterly earnings report that it is planning to reduce its headcount by close to 5,000 over the course of the year.

Only 11 stores will remain open, scattered across California, Florida, New York and Texas.

A list of the brick-and-mortar locations shuttering soon are available on Sony's website.

Sony's retail presence has been dwindling like a slow bleed over the last few years as many consumers have moved online for tech purchases -- not to mention other brands dominating the mobile world for personal gadgetry.

Nevertheless, Sony has been redistributing its brainpower and resources elsewhere, some of which has paid off. That is most evident in the gaming world with the Sony PlayStation 4 that started shipping last year.

Sony has also been garnering attention for its efforts in advancing flat-screen technology, namely "all-things-4K," according to the electronics business itself.

Topics: Tech Industry, E-Commerce, Hardware, IT Employment, Mobility

About

Rachel King is a staff writer for CBS Interactive based in San Francisco, covering business and enterprise technology for ZDNet, CNET and SmartPlanet. She has previously worked for The Business Insider, FastCompany.com, CNN's San Francisco bureau and the U.S. Department of State. Rachel has also written for MainStreet.com, Irish Americ... Full Bio

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