Sony Expects Biggest Loss Ever
Sony is going through some tough times right now.
The company announced that it is expecting its biggest loss ever, and is cutting 10,000 jobs, or about 6 percent of its total workforce. Overall, the company projects to lose $6.4 billion for last fiscal year.
The company plans to focus more on the mobile, digital imaging and gaming aspects. The trio is projected to make 70 percent of total sales for the company and 85 percent income for the electronics business.