It was announced early last month Sony would be cutting 16,000 jobs in light of economic turmoil and internal financial hardships. Recently rumours, stemmed from 'company sources' said the company was planning on further cuts which would drastically alter its structure. Sony has denied these, saying nothing of that nature is happening.

"We do not plan to announce additional restructuring measures at this time," said Sony spokesman Atsuo Omagari. "We don't have any such plan."
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