Sony 's new CEO has pledged to cut more than 77 million jobs - nearly 80 % of its workforce . Comes after the company finishes its fiscal year with 7,150 yen loss . The iconic Japanese conglomerate has n't made a profit in fiscal year . The firm 's electronics business has been hit by low-cost competitors .
Sony '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 electronics business has been hit by low-cost competitors .