April 9, 2012
Sony Corp. (NYSE: SNE) will reportedly cut 10,000 jobs -- 6 percent of its workforce -- by the end of 2012 as the company's new CEO attempts to return the organization to a profit.
CEO Kazuo Hirai is expected to talk about the cuts this Thursday, according to the Nikkei newspaper in Japan. Hirai has just taken over from previous boss Howard Stringer.
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