Global Dispatches

15.12.2008

-- Dan Nystedt , IDG News Service

Briefly Noted

last week said that it plans to cut 8,000 jobs, or 5% of its worldwide workforce; close factories; and reduce electronics investment by nearly one-third because of the declining economy. Sony hopes to save ¥100 billion ($1.1 billion U.S.) in the fiscal year ending in March 2010.

-- Martyn Williams , IDG News Service