I’m hearing: Big Cuts Coming at Sony

Word on the street: Sir Howard Stringer of Sony has sent out an email warning of major cuts coming down the pike, which has sent a shudder through the ranks of the company based here. I'm hearing no specifics so far, but the sense of the memo is that the cutbacks will be "most severe."

Word on the street: Sir Howard Stringer of Sony has sent out an email warning of major cuts coming down the pike, which has sent a shudder through the ranks of the company based here. I'm hearing no specifics so far, but the sense of the memo is that the cutbacks will be "most severe."