According to the New York Post, Sony Corporation of America (SCA) (which includes Sony Pictures, Sony Music and Sony Electronics) has cut 100 people from its 700-strong workforce. The decision was made by the corporate HQ in Japan, following a poor reception for several recent Sony film releases.
A source told the NYP, “Most of the senior vice president titles and above are going… The parent company is taking over. They don’t need a corporate structure in the US.”
SCA responded to the claims, with a spokesperson saying, “Over 100 is not accurate… A small number of positions were eliminated at SCA earlier this summer to consolidate duplicative functions… These changes at SCA have nothing to do with Sony Pictures whatsoever.”