12/04/2012
Welsh Sony Factory Fears Job Losses
Workers at a Sony factory in Wales are bracing themselves for news about possible job losses after the company announced it would be cutting 10,000 staff worldwide.
The electronic firm employs around 450 people at a manufacturing plant in Pencoed, Bridgend.
Sony has yet to release details of where the job losses will be made but the announcement has come following a forecast of a record annual loss of $6.4 billion, double its previous estimate.
The firm's Pencoed site is both a manufacturing for export plant and a customer service centre for the repair of faulty products. It specialises in manufacturing professional quality broadcast cameras.
In 2005, Sony closed its main factory at Bridgend with the loss of 650 jobs because of falling sales of traditional-style TVs.
A further 250 were lost at the Pencoed assembly plant at the same time.
In its heyday, the two sites employed more than 4,000 people, after Sony acquired the plant in 1973 and began production a year later.
Sony has said it will now focus its business on three areas – digital imaging, games consoles and mobile devices.
(H)
The electronic firm employs around 450 people at a manufacturing plant in Pencoed, Bridgend.
Sony has yet to release details of where the job losses will be made but the announcement has come following a forecast of a record annual loss of $6.4 billion, double its previous estimate.
The firm's Pencoed site is both a manufacturing for export plant and a customer service centre for the repair of faulty products. It specialises in manufacturing professional quality broadcast cameras.
In 2005, Sony closed its main factory at Bridgend with the loss of 650 jobs because of falling sales of traditional-style TVs.
A further 250 were lost at the Pencoed assembly plant at the same time.
In its heyday, the two sites employed more than 4,000 people, after Sony acquired the plant in 1973 and began production a year later.
Sony has said it will now focus its business on three areas – digital imaging, games consoles and mobile devices.
(H)
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