Saturday, April 18, 2009

Sony Ericsson cutting 2,000 more jobs


Sony Ericsson cutting 2,000 more jobs
18-04-2009

Mobile phone maker Sony Ericsson will cut an additional 2,000 jobs around the world, after it reported a first quarter loss of US$384-million.

The company vowed to deepen job cuts announced last year, in a bid to reduce costs and return to profitability.

It said the recession in major economies had hit demand for its handsets.

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