Arab Today, arab today sony to spend 925 mn on restructuring
Last Updated : GMT 21:06:07
Arab Today, arab today
Arab Today, arab today

Sony to spend $925 mn on restructuring

Arab Today, arab today

Arab Today, arab today Sony to spend $925 mn on restructuring

Tokyo - AFP

Sony on Thursday said it would spend more than $925 million this year on restructuring costs in a bid to stem massive losses at the struggling Japanese electronics giant. The firm said its sweeping reforms would cost 75 billion yen ($925.7 billion) this year, while announcing it would slash 10,000 jobs worldwide.

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