All Posts Tagged Tag: ‘Nikkei’

Sony to cut 10,000 Jobs In Turn Around Effort

In an effort to overcome an operating loss of $2.9 billion, Sony has announced that they are cutting 10,000 jobs. This cut amounts to nearly 6% of it’s overall workforce. Japanese stock market the Nikkei said half of the latest round of job cuts would come from consolidating the firm’s chemicals and small and midsize LCD operations. Sony said last …

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