Drowning in red ink, Sony (SNE) has issued thousands of pink sheets this year.
The PlayStation maker told investors in February it would slash 5,000 jobs as part of a broader restructuring that included separating its PC and TV arms.
Sony investors cheered management's efforts to right the ship, driving the company's stock 3.9% higher the day of the layoff announcement.
Despite beating out Xbox in the game console wars, Sony ended up losing a whopping $1.26 billion in the 12 months ending March 31.
