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Sony cutting 8,000 jobs amid global downturn

TOKYO — Sony is slashing 8,000 electronics jobs around the world, or 5 percent of its global work force in that sector, as the Japanese company tries to boost the profitability of its core business amid a global downturn.

Sony Corp. says it will cut the jobs from its electronics operations, which employ about 160,000 workers, by the end of March, 2010. It did not give a country breakdown for the planned reductions.

Sony has been trying to adjust production and lower inventories to cope with the global economic downturn but more efforts are needed, it says.

Sony cutting 8,000 jobs amid global downturn 12/09/08 [Last modified: Thursday, November 4, 2010 11:42am]
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