margin News

Sony confirms plans to shed 10,000 jobs amid shake-up

Sony on Thursday confirmed earlier rumors suggesting plans to release 10,000 workers during the course of fiscal 2012. The figure includes employees expected to leave Sony as part of various business sales, however. >>

Sony to post $3.2 billion annual loss

Sony Chief Financial Officer Masaru Kato announced to the press on Monday that the company expects to post an annual loss of $3.2 billion for its fiscal year ending in March 2011 &mdash >>

RIM to parts suppliers: hook it up!

It’s a recession people, and in a recession the name of the game is to keep sales as steady as possible while reducing costs as much as possible. For countless companies this means >>