DHAKA: Sony on Thursday said it would cut 5,000 jobs from its workforce, saving more than US$1 billion annually.

This cut will come as the Japanese electronics giant undergoes a painful restructuring, The Straits Times reports.

The job losses, about 1,500 in Japan and 3,500 overseas, were tied to an overhaul of its television unit and the sale of its personal computer business, it said.

BDST: 1618 HRS, FEB 06, 2014