(单词翻译:单击)
Japanese electronics giant Sony Corp is reviewing its China operations amid a global layoff1 plan that will see 16,000 people lose jobs.
Sony China said it will "actively2 cooperate with the initiative" by its headquarters in Japan, the largest workforce3 reduction by a Japanese company since the start of the global economic crisis.
The global slump4 has also forced Sony to close at least five factories and curb5 worldwide investment.
Hou Li, an analyst6 at Essence Securities, said he believed that Sony layoffs7 in China are set to happen as the demand for consumer electronics products is slowing both in China and globally.
China is Sony's major manufacturing center and one of its key markets. The firm employs about 48,000 people in China, more than one quarter of its global headcount.
Amid the slowdown, consumers will be reluctant to buy consumer electronics gadgets8, which are usually "not must-buy products", which could significantly hurt Sony, Hou said.
China's consumer electronics market has long been plagued by price wars, which have produced razor-thin margins9 for some products.
Despite the possible layoff wave, Sony said it remains10 committed to the China market.
In 2007, Sony China generated $5.1 billion in sales, recording11 20 percent annual growth for the third consecutive12 year.
"Despite the slowing demand and intensifying13 competition, China is the company's largest growth potential market and also the most important part in the operation value chain," Sony China said in a statement.
Sony China said the company has implemented14 several measures to fend15 off the slowing economy, including adjusting portfolio16, lowering inventory17 levels and reducing operational expenses.
If Sony decides to curb investment in China, it could also affect many of its partners, said Hou.
"Hundreds of small-sized local companies (along the supply chain) will also be forced to cut jobs," he said.
Questions:
1. How many jobs is Sony Corp considering cutting?
2. How many factories has Sony Corp been forced to close since the current financial crisis began?
3. Which country is Sony’s largest potential growth market?
Answers:
1. 16,000.
2. 5 factories.
3. China.
1
layoff
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n.临时解雇,操作停止,活动停止期间,失业期 | |
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2
actively
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adv.积极地,勤奋地 | |
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3
workforce
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n.劳动大军,劳动力 | |
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4
slump
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n.暴跌,意气消沉,(土地)下沉;vi.猛然掉落,坍塌,大幅度下跌 | |
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5
curb
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n.场外证券市场,场外交易;vt.制止,抑制 | |
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6
analyst
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n.分析家,化验员;心理分析学家 | |
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7
layoffs
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临时解雇( layoff的名词复数 ); 停工,停止活动 | |
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8
gadgets
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n.小机械,小器具( gadget的名词复数 ) | |
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9
margins
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边( margin的名词复数 ); 利润; 页边空白; 差数 | |
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10
remains
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n.剩余物,残留物;遗体,遗迹 | |
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11
recording
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n.录音,记录 | |
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12
consecutive
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adj.连续的,联贯的,始终一贯的 | |
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13
intensifying
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v.(使)增强, (使)加剧( intensify的现在分词 );增辉 | |
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14
implemented
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v.实现( implement的过去式和过去分词 );执行;贯彻;使生效 | |
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15
fend
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v.照料(自己),(自己)谋生,挡开,避开 | |
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16
portfolio
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n.公事包;文件夹;大臣及部长职位 | |
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17
inventory
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n.详细目录,存货清单 | |
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