Technology, Technology news, Times Online:
"The once-mighty company, which invented the life-changing Walkman players, has been outflanked by the success of Apple's sales of iPods and its online iTunes music service."
The loss of 10,000 jobs globally is not extraordinary, but is hugely significant. We keep hearing of once rock solid companies having to struggle and lay off thousands of people. So, remind me again, what are the purported benefits of globalization and where are all these jobs going? I think we need to be thinking extra carefully locally and then acting globally.
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