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"Sony has announced plans to freeze staff salaries and cut bonuses throughout the next fiscal year. The electronics giant is expected to announce losses of $2.65 billion (\u00A31.8 billion) for the last fiscal, with the firm&amp;#039;s shares dropping by 1.4%. The strengthening of the Japanese Yen and its impact on exports is thought to have contributed to the firm&amp;#039;s losses. The wage cuts will affect the entire corporate structure, including senior management, who will suffer 35-40% bonus reductions. &amp;quot;Executives will also be slugged with huge cuts to bonuses and salaries,&amp;quot; Japanese trade publication Nikkei added. Other corporations, including Toshiba, Hitachi and NEC, have claimed they are considering similar measures to Sony. "^^<http://www.w3.org/2001/XMLSchema#string>
<http://www.digitalspy.com/gaming/news/a150020/sony-to-freeze-staff-salaries/>