Sony Entertainment Contemplating $100 Million in Cuts

Sony, once known as extravagant over-spenders, have recently hired Bain & Co. to help identify overhead cuts and potential layoffs at an investor meeting scheduled for Thursday. The change is rumored to be a result of pressure from investors to boost profitability. 

http://variety.com/2013/biz/news/report-sony-entertainment-looking-at-100-million-in-cuts-1200851451/

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