Sony Cuts Staff at Technology Division
Advanced-Television.com reports that Sony Pictures Entertainment has laid off a number of senior staffers at its Culver City operation which looks after Sony’s Hollywood-based technology group, including the outfit’s president Chris Cookson and some of his staff. Sony Pictures Technologies provides advice and solutions to movie and TV programming including 3D, the newly-emerging 4K production methodology and workflow.
Cookson only recently received a Lifetime EMMY for his work in the technology sector. He was previously at Warner Bros.
Sony Pictures is widely reported to be seeking annual savings of some $250 million in overheads and has hired management consultants Bain & Co to help in that process.