Sony slashes jobs, boosts med equipment focus

Electronics giant Sony may be slashing 10,000 jobs as part of a massive restructuring program to reverse record losses and sluggish sales. But new company CEO Kazuo Hirai is making good on his promise to boost the company's efforts in the medical equipment space. In a public briefing covered by Reuters and others, Kirai restated his intent to expand the company's medical equipment business. His goal: annual sales of 50 billion yen by 2014-15, with plans to double that eventually to about $1.2 billion. And according to the story, he plans to get there through acquisitions, strategic investments and partnerships. Story

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