Sony doubles forecast of annual loss to $6.4bn - Southern Maryland Community Forums


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Sony doubles forecast of annual loss to $6.4bn

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04-10-2012, 04:23 PM

Dev

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Member Since: Feb 2010

Location: Here and there

Posts: 451

Sony doubles forecast of annual loss to $6.4bn

Quote:

Reports say the company is planning 10,000 job cuts as Sony exits businesses that are not profitable or central to the firm's strategy.

The company blamed the record loss on tax charges related to its US business.

Tax charges causing $6.4bn in losses? lols

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