Financial Times FT.com

Stringer battles Sony 'old guard' over sweeping restructuring plan

By Robin Harding in Tokyo, Andrew Edgecliffe-Johnson in,New York and Matthew Garrahan in Los Angeles

Published: January 21 2009 02:00 | Last updated: January 21 2009 02:00

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 today or tomorrow the details of a restructuring that was announced in December, including where job cuts will fall.

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