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Sony to slash 20,000 jobs

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On October 28, 2003, 9:31 AM

Sony Corp, the world's largest consumer electronics company, says it will trim 20,000 jobs from its global workforce over the next three years as part of a turnaround strategy designed to lift flagging profits.

The job cuts represent about 13 percent of Sony's global work force of 154,500.

Read more: [URL=http://www.cnn.com/2003/BUSINESS/10/28/japan.sony/index.html]CNN[/URL].

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