Sony said on Thursday its fiscal first-quarter net loss widened to 24.6 billion yen ($313.5 million) while it cut its profit forecast for the year as the struggling Japanese firm overhauls its busines

Kazuo Hirai's brief honeymoon as Sony Corp's new chief has ended abruptly as the struggling electronics giant doubled its annual loss forecast, sending its shares tumbling.

On Thursday he will try to

Sony Corp will cut 10,000 jobs, or about 6 percent of its global workforce, by as early as the year-end, the Nikkei newspaper reported on Monday, as new CEO Kazuo Hirai comes under pressure to return

Struggling Japanese entertainment giant Sony will not abandon its cash-bleeding television business, its incoming CEO says, but he acknowledges tough decisions lie ahead including over redundancies.

Sony said on Wednesday that vice president Kazuo Hirai will become president and CEO on April 1. Current chairman, president and CEO Howard Stringer will be chairman.

The Japanese electronics firm al