Sony to shed 10,000 jobs as company re-vamps
12 April 2012 Last updated at 10:40 BST
The electronics group Sony has announced its biggest shake-up for a decade.
The group has confirmed it will axe 10,000 jobs.
The new Chief Executive Kazuo Hirai told a press conference he had "no other choice".
On Tuesday, the group warned it would make a record loss of $6.4bn for the year.
Julia Caesar reports.