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29/06/2005
Sony announces 650 UK jobs losses
Japanese electronic firm Sony have announced that 650 jobs will be lost with the closure of its south Wales factory.
The firm announced that its manufacturing plant in Bridgend, which produces traditional-style television sets, is to close, with the loss of four hundred jobs. A further 250 jobs will be lost at the nearby plant in Pencoed, but the factory will remain open.
Sony has blamed the increasing demand for flat-screen televisions for the jobs losses. The company issued a statement, which said: “The demand for CRT-based televisions within the UK and Europe has fallen significantly and the transition to flat TVs has been much quicker than we first expected.”
The electronics firm announced 300 jobs were to go at the plants in January.
Sony began production at the Bridgend plant in 1974 and the Pencoed plant opened in 1992.
At one stage, the plants employed more than 4,000 people.
(KMcA/SP)
The firm announced that its manufacturing plant in Bridgend, which produces traditional-style television sets, is to close, with the loss of four hundred jobs. A further 250 jobs will be lost at the nearby plant in Pencoed, but the factory will remain open.
Sony has blamed the increasing demand for flat-screen televisions for the jobs losses. The company issued a statement, which said: “The demand for CRT-based televisions within the UK and Europe has fallen significantly and the transition to flat TVs has been much quicker than we first expected.”
The electronics firm announced 300 jobs were to go at the plants in January.
Sony began production at the Bridgend plant in 1974 and the Pencoed plant opened in 1992.
At one stage, the plants employed more than 4,000 people.
(KMcA/SP)
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