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Sony Corporation (SNE)
at 9:41AM PST on May 14, 2009.
RE: Sony reports $1 billion loss
The example set by BT was an additional 15,000 jobs on top of what it had already cut which was 15,000.
I seem to remember at the time (December) that most analysts did not think this was deep enough. So if they thought that then this announcement is hardly going to fill them with hope.
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