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August 23, 2012 07:51 am EDT

Sony Mobile moving HQ to Tokyo, cutting 1,000 jobs in Sweden

Sony Mobile moving HQ to Tokyo, cutting 1,000 jobs in Sweden

Sony's slow and painful transformation continues with a restructuring of its newly-minted mobile division. In October, it's moving its headquarters from Lund, Sweden (presumably a holdover from its Ericsson days) to Tokyo -- for deeper integration -- and repurposing the duties of its facilities in Tokyo, Lund and Beijing. As part of the changes, Sony Mobile will slash 15 percent of its workforce, with 1,000 employees being let go by the end of March 2014, in a trend we've seen across the industry. Most of those affected are in Sweden, with 650 on-site staffers and up to 450 consultants being shown the door.

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Sony Mobile moving HQ to Tokyo, cutting 1,000 jobs in Sweden originally appeared on Engadget on Thu, 23 Aug 2012 03:51:00 EDT. Please see our terms for use of feeds.

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Original Link: http://www.engadget.com/2012/08/23/sony-mobile-cuts/

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