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Friday, 07 February 2014 - 12:47
Sony to sell PC unit and cut jobs
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Sony is to sell its personal computer unit and cut 5,000 jobs as part of a plan to reverse heavy losses.

The company will also split its TV division into a separate subsidiary as part of its restructuring programme.

The moves were announced as Sony forecast a net loss of 1.08 billion dollars for the financial year to 31st March, revising its earlier projection of a 30 billion yen profit.
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