Companies have to stay competitive and sadly that sometimes means that they need to restructure and layoff some employees. Sony Electronics has announced plans to do just that. They will restructure, including a heavy cut in their US retail presence. In the next few months, Sony will lay off 1,000 employees across all of its sites, including the personnel attached to 20 US Sony Stores.
The 20 stores closing are as follows: Tysons Corner Mall, VA; University Village, WA; Galleria Dallas, TX; Forum Shops, NV; Pentagon Square Mall, VA; Boca Raton, FL; Menlo Park, NJ; Las Americas, CA; Camarillo, CA; Aurora, IL; Gilroy, CA; Wrentham, MA; Pleasant Prairie, WI; San Marcos, TX; Cherry Creek, CO; Dolphin, FL; Century City, CA; Valley Fair, CA; Comcast, PA; and the Woodbury Common Outlets location in Central Valley, NY.
Wow. At least five California locations, three in New York, two in Texas, and two stores in Florida will stay open. A representative from Sony USA says that the stores will close within three weeks. Some will close as soon as February 28. So they are wasting no time. Bad news for those employees, but hopefully Sony can get things in order and hire many people again at some point.