EETimes: Sony plans to slash about 8,000 jobs in its electronics business, or about 5 percent of its work force in the sector. The cutbacks involve its CMOS image sensor and other product areas. As part of the plan, Sony intends to cut IC investment expenditures this fiscal year by outsourcing a portion of its planned increase in the manufacturing of CMOS image sensors for use in mobile phones.
Update: Official Sony PR is here.
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