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Sony to Cut 10,000 Jobs

sonyWorldwide electronics brand Sony is cutting 10,000 staff members during the next year.

Sony announced earlier this year that they had experienced a larger than expected annual loss of £4bn. Due to this, they intend to cut back on staff as part of a major reshuffle.

The losses are due to competition from huge brands including Apple.

Moving forward the company intends to focus and invest in games consoles and mobile devices in a bid to revamp sales.

Almost 1500 people are currently employed by Sony in the UK.