According to a report coming out of Japan, Sony is planning on cutting up to 10% of it's workforce, or about 15,000 to 20,000 jobs worldwide by March 6th. The report also says that Sony will be abandoning unprofitable projects including the MicroMV camcorder format. The report from the Japanese Nihon Keizai Shimbun says that Sony is cutting the format because it has not been popular outside of Europe."
