Yesterday Sony announced that they were cutting 10,000 jobs around the world, and now the company has announced its latest financial results for the 2011 financial year, with a massive $6.4 billion loss.
The $6.4 billion loss is made up of a $3.6 billion tax charge in the US and a $2.9 billion loss from its operations, however Sony has also said that they are expecting to turn things around this year.
Sony are hoping that they can make a profit in 2012, and it will be interesting to see if the company are able to turn things around, and return the company to a profitable business.
Filed Under: Technology News