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Sony cuts 8,000 jobs and curtails electronics investment

GigaOM Network found this 12/9/2008 on venturebeat.com

The global economic turmoil has thrown a snag into Sony’s turnaround plan. The Japanese electronics giant is cutting 8,000 jobs, closing some factories and reducing its investment in electronics. The job cuts are about 4 percent of the company’s global work force of 160,000. The ...