Shinagawa Technology Center, Sony Office, To Close To Cut Costs

Sony Shuts Down Office Building
NEW YORK, NY - APRIL 10: A sign outside of Sony's New York headquarters is viewed on April 10, 2012 in New York City. Sony, the Japanese electronics company, has more than doubled its projected net loss for the past financial year to ´520 billion, the equivalent to $6.4 billion, its worst loss ever. (Photo by Spencer Platt/Getty Images)
NEW YORK, NY - APRIL 10: A sign outside of Sony's New York headquarters is viewed on April 10, 2012 in New York City. Sony, the Japanese electronics company, has more than doubled its projected net loss for the past financial year to ´520 billion, the equivalent to $6.4 billion, its worst loss ever. (Photo by Spencer Platt/Getty Images)

TOKYO (Reuters) - Sony Corp said it will close an office building in Tokyo and relocate the 4,800 people who work there to other sites in and around Japan's capital to help squeeze costs as it seeks to return to profit.

The Shinagawa Technology Center, close to its Tokyo headquarters, will be vacated by September next year, a Sony spokesman told Reuters, with the property being returned to its owners.

(Reporting by Tim Kelly and Junko Fujita; Editing by Michael Watson)

Before You Go

Korea

5 Countries With Better Internet Service Than America

Popular in the Community

Close

What's Hot