Sony Loses Its Shirt
Thu, Jan 22nd, 2009 |
That $1 billion operating loss that everyone was shocked to learn Sony would post this year? It's actually $3 billion:
NYT: Sony, the Japanese electronics company, said Thursday that it would post a record annual operating loss of nearly $3 billion because of the rapid deterioration of the global economy and it announced a major restructuring that will include layoffs and factory closings.
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