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Sony to lay off 10,000 Workforce

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According to sources, Sony is said to trim its global workforce by 10,000 workers, or about 6 percent of its entire workforce by as early as this year. The move is expected to improve operational efficiency, while accelerating the company's shift toward mobile devices.

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The cuts are in response to mounting losses in Sony's TV business. The new cuts are expected to affect all of Sony's groups, ranging from development, to production, to management - both foreign and domestic.