Leading technical products manufacturer company SONY is having a loss of 1.08 arab$ yearly. So the company has decided to stop manufacturing personal computers and to terminate 5000 employes. There is a news that sony is selling its personal computer business to a investor company of japan called Japan Industrial Partner. It is estimated that the deal would be about 40 crore$.
Company will terminate 1500 employe from japan and rest 3500 employees from rest of the countries, as it will reduce there expense to 1arab$ . As it is also said that employees related to vaio laptops will be shifted to different sectors as it is not confirm.
Due to the decrease in the sales of playstation and television, would be the cause of shutdown of manufacturing of personal computers from sony.
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