Sony Corp. announced that it will undergo a massive restructuring with widescale cutbacks to reinvent itself for the digital age.


The company, based in Japan, will focus on making networkable computers, cell phones, pagers, and even TV sets that can communicate with each other, according to the announcement. In the process, it will cut its work force by 17,000 and slash the number of factories it operates worldwide.


"In the last three years, we have made a lot of effort to move from being a 'box' company to becoming an information technology company," Nobuyuki Idei, Sony's president, said in an interview.

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