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April 10, 2012

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Sony to cut jobs

SONY Corp will cut about 10,000 jobs worldwide over the next year as it tries to return to profit, Japanese news reports said yesterday.

The Nikkei business daily and other media said Sony's decision to slash 6 percent of its work force comes as it struggles with weak TV sales and swelling losses.

Sony spokeswoman Yoko Yasukouchi wouldn't confirm the reports.

New CEO Kazuo Hirai will hold a press briefing on Thursday.
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