Sony Corp. on Thursday reversed its forecast for the full year from a ¥30 billion net profit to a ¥110 billion loss and said its electronics division will likely spend another year in the red.
It also said it will cut 5,000 more jobs to restructure the money-losing gadget business after culling about 10,000 jobs in fiscal 2012.
Sony continues to be weighed down by its loss-making computer and TV businesses.
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