Sony Corp has decided to cut 15,000 to 20,000 jobs groupwide, about 10 percent of its global workforce of 160,000, by the end of March 2006, the Nihon Keizai Shimbun said.
The major business daily said Sony also plans to cease domestic production of cathode-ray tubes (CRTs) for television sets by the end of next year. The electronics giant will announce structural reform plans featuring such measures on Oct 28. (Kyodo News)
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