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August 23, 2012 11:25 am GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/D7cHMKXtdXg/
Sony Mobile To Lay Off 1,000 People, Move HQ To Tokyo From Sweden As Part of Restructuring
The crunch among the handset makers who are not Samsung and Apple continues apace. Today, Android handset maker Sony announced that its loss-making mobile handset division Sony Mobile Communications would be laying out 15% of its workforce -- 1,000 people approximately -- as part of a bigger restructuring. It will also move its HQ and "certain other functions" from Lund, Sweden to Tokyo, Japan in October 2012.It looks like the main impact will be in Sweden in terms of layoffs, as Sony moves the operation closer to home base: 650 in Lund, with the rest "primarily consultants in Sweden." The process is due to complete by March 2014 "as the company seeks to increase operational efficiency, reduce costs and drive profitable growth."Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/D7cHMKXtdXg/
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