Questions: 1. Why is Sony cutting staff?

2. True or False? Sony predicts that its profit will be 50% less than a year ago.

3. Why do you think large companies have lost big profits?

4. What businesses are more likely to go bankrupt, big companies or small companies? Japan Recession 日本经济衰退

Sony said that 8000 job cuts are necessary in order to save the company around a billion dollars 十亿美元 (大约 6.85 billion yuan) per year.

It’s already warned that its profits 利润 will be less than half of those a year ago despite 尽管 heavy promotion 促销 of its flat screen TVs 纯平电视 and PlayStation 3 computer games machine.

Many other large companies have also seen their profits decimated 大幅度下降 by a slump in sales 销售暴跌 and a rise in the value of the yen.

Small businesses are faring even worse with bankruptcy 破产/倒闭 levels on the rise.

Answers：

1. Why is Sony cutting staff? To save a billion dollars a year.

2. True or False? Sony predicts that its profit will be 50% less than a year ago. True.

3. Why do you think large companies have lost big profits? Because of a slump in sales and a rise in the value of yen.

4. What businesses are more likely to go bankrupt, big companies or small companies? Small companies.

From:here