Sony Revises Expected Loss to $6.4 Billion ⇥
In the past ten years, Sony has struggled to stay relevant, and their latest finances reflect that downturn. A simply staggering ten thousand jobs might be cut.
Aside from Sony itself, the article contains a peculiarity:
Following the announcement by Sony, the Japanese credit ratings agency R&I put Sony on watch for a downgrade, saying that the manufacturer would require time to bolster profitability. The agency currently rates Sony at A+, […]
An A+ should be good, right?
[…] five notches down from its top rating.
What?