June 29th, 2024

Sony to gradually cease production of optical disc storage

Sony Group Corp. plans to cut 250 jobs at its recordable media business in Japan due to declining demand for Blu-ray discs. The company will offer early retirement packages amid shifting market preferences.

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Sony to gradually cease production of optical disc storage

Sony Group Corp. is set to reduce its workforce by approximately 250 employees at its recordable media business hub in northeastern Japan. The company will offer early retirement packages as part of this downsizing effort due to a decrease in demand for traditional storage formats like Blu-ray discs, as streaming services have become more prevalent. The manufacturing base in Tagajo, Miyagi Prefecture, currently employs around 670 individuals. Sony plans to gradually halt the production of optical disc storage media products, including Blu-ray discs, in response to the changing market trends.

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