Financial Times FT.com

Stringer battles Sony ‘old guard’

By Robin Harding, Andrew Edgecliffe-Johnson and Matthew Garrahan

Published: January 20 2009 23:40 | Last updated: January 20 2009 23:40

Tensions are rising within Sony over a restructuring aimed at cutting billions of yen from costs, with Sir Howard Stringer, its British-born chairman and chief executive, pitted against what one senior figure called an “old guard” of managers in its electronics division.

News of the clash comes as the Japanese consumer electronics group prepares to announce on Wednesday or Thursday, the details of a restructuring that was announced in December, including where job cuts will fall.

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