Reuters -
Sony Corp said it will cut staff in its headquarters by a fifth and shutter a factory making camera lenses and mobile phones in Japan, providing new details of a previously announced plan to trim its global headcount by 10,000 by end-March.
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This is very telling.
It's sad to hear that they are laying off the people who helped to build the company but they haven't been doing well for the passed couple of years so no one should be surprised by this. At least I'm sure the employees saw this coming a from mile away.