. In a effort to cut costs and improve its financial situation, Sony is eliminating two divisions at its main electronics unit, promoting three executives and keeping a close eye on its money-losing television unit, Bloomberg's Businessweek reported on Tuesday. The Japanese company will shut down its consumer products and services group, which handled consumer-level electronics, and the professional device and solutions group, which handled business oriented products and components.
Boy Genius Report, Sony eliminates two divisions, restructures electronics unit
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