Sony slashes 5% of marketing & distribution posts in efficiency drive
Sony Pictures Entertainment has placed its marketing and distribution employees on notice after announcing that it will slash its total workforce in these areas by 5% as part of an efficiency drive.
Sony slashes 5% of marketing & distribution posts in efficiency drive
An internal memo cited by Bloomberg News justifies the losses in terms of a migration to a more global and digitally focussed business, necessitating the merger of international and domestic teams.
In tandem with this reorganisation Paul Noble has been named co-president of international marketing, a role he will assume from Michael Horn, who will depart Sony. Noble will work alongside Andre Caraco who presently holds responsibility for domestic marketing.
In the memo Josh Greenstein, head of marketing and distribution for Sony Pictures Entertainment, wrote: “The reorganization will help our department better reflect the realities of how movies are released today, and build the connective tissue needed internally and externally to be effective and efficient.”
Further losses are expected in areas such as publicity, research and strategy, media and operations to bring Sony’s total marketing headcount down in the division from 550 to 525.
Previous Sony marketing efforts saw the studio earn a Guinness World Record for assembling the largest ever group of people dressed as emoji.
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Sony Corporation is one of the leading manufacturers of electronic products. Its business also includes gaming, entertainment, and financial services.
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