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HRKatha

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Sony cuts over 100 jobs at Israeli chip unit

  • Sony has laid off over 100 employees at its semiconductor research and development centre in Hod Hasharon, Israel, leading to a 25% reduction in the local workforce.
  • The job cuts are part of Sony's global restructuring efforts to enhance operational efficiency and reduce costs.
  • The Israeli facility, focusing on developing low-power wireless chips for IoT devices, remains operational as a strategic R&D site for Sony amid a reallocation of resources towards AI-driven chips and advanced imaging technologies.
  • The semiconductor industry trend of job cuts due to market dynamics is evident, with companies like Sony, Intel, and Microsoft adjusting their workforce according to business focuses and profitability goals.

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