Sony Pictures Lays Off 450 on Declining DVD Sales
By wchung | 20 Jun, 2026
Sony Pictures Entertainment is laying off about 450 people mostly in the United States and leaving 100 positions unfilled in order to cut costs and cope with declining DVD sales.
The movie studio subsidiary of Japan’s Sony Corp. told employees about the cuts in a memo on Monday.
The layoffs represent about a 6.5 percent reduction in the 6,800-strong work force at Sony Pictures.
Most of the cuts will occur by the first week of March and will be in the home entertainment and information technology units.
2/1/2010 6:27 PM LOS ANGELES (AP)
© 2026 by Asian Media Group Inc.
Recent Articles
- Charles Schwab Working with Cboe to Enter Prediction Market
- Mexico's Love Affair with All Things Korean — Until Thursday's Kickoff
- The Making of a Striking Tiger
- Japan's World Cup Prospects Brighter Than Their Single Group Point Might Suggest
- International Stars in the Red Devils' Lineup Suggests a Deep World Cup Run for S. Korea
- Italy's Meloni Says Trump 'Totally Invented' Story That She Begged Him for Photo
- Lebanon Ceasefire Agreed After US-Iran Talks in Switzerland Scrapped
- Qantas Bets on Sleep and Light Science to Sell 20-Hour Flights
- High-Wire Diplomacy Delivered US-Iran Deal but the Tricky Part's to Come
- Pentagon Asks for $80 Billion for Iran War Bills
