Sony Electronics said it will eliminate one-third of its staff this year, or 1,000 employees, as part of the job cuts its parent company Sony Corp announced this month.
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IBM's employee count dropped for the first time in a decade as the world’s biggest computer-services company reined in costs to help meet profit goals.
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Australian carrier Qantas on Tuesday said it was committed to slashing costs by AU$2 billion (US$1.8 billion) but refused to confirm or deny a report that it will axe 5,000 jobs.
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