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Reuters: Sony to cut 16,000 jobs, slash costs

Started by dave, December 10, 2008, 01:59:14 AM

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dave

Sony to cut 16,000 jobs, slash costs
      


TOKYO (Reuters) - Japan's Sony Corp said it will cut 16,000 jobs, curb investment and pull out of businesses to save $1.1 billion a year as the financial crisis ravages demand for its electronics products.<div class="feedflare">
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