Body count: 16,000
Poor sales from its Bravia LCD TVs, Cyber-shot digital cameras, and portable media devices are reportedly to blame for Sony's massive layoffs. Its film, online, and videogame divisions have also seen pink slips. The Japanese manufacturer redirected its goals in 2008 with hopes of saving $1.1 billion each year by curbing investments, avoiding unprofitable ventures, and outsourcing mobile production. Ironically, it would post a $1.75 billion sales decrease from its Sony Ericsson joint venture the following year.