Tuesday, April 10, 2012

Sony to Cut 10K Jobs

(NEWSER) - Sony will delay production of its next-generation ultrathin television as the struggling electronics giant seeks to avoid further losses, reports the Wall Street Journal. The organic light emitting diode, or OLED, television was to succeed a three-millimeter-thick model released in late 2007, but will be held back until at least next year. At present Sony is on track for a sixth straight year in the red. More?

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