LogFAQs > #1015893

LurkerFAQs ( 06.29.2011-09.11.2012 ), Active DB, DB1, DB2, DB3, DB4, DB5, DB6, DB7, DB8, DB9, DB10, DB11, DB12, Clear
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TopicHuh, Sony has lost money 4 years in a row now.
ZFS
04/10/12 9:34:00 PM
#5:


TheRock1525 posted...
Aren't they planning on laying off 100,000+ workers?

10,000 jobs, not 100,000. It's part of the restructuring Sony is doing. Any extraneous or particularly unprofitable divisions within the company will likely be shut down.

Most of the losses they're reporting are non-cash losses related to tax credits.

--
"When I was a young man, I had liberty, but I did not see it. I had time, but I did not know it."
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