Sony 's annus horribilis was further mired by the hacking of its popular PlayStation Network , compromising the personal data of more than 77 million users . Mitsubishi 's new CEO has pledged to cut 10,000 jobs - about 6 % of its workforce . Comes after the company finishes its fiscal year with a record $ 6.4 billion loss . The iconic Japanese conglomerate has n't made a profit in four years . The firm 's core business has been hit by low - cost competitors .
Mitsubishi 's new CEO has pledged to cut 10,000 jobs - about 6 % of its workforce . Comes after the company finishes its fiscal year with a record $ 6.4 billion loss . The iconic Japanese conglomerate has n't made a profit in four years . The firm 's core business has been hit by low - cost competitors .