Sony Downsizes Costing 1,000 Jobs

The Washington Post reports, Sony Corp., Japan’s largest exporter of consumer electronics, is eliminating about 15 percent of its mobile-phone unit’s workforce to reduce costs at a business that trails Apple Inc. and Samsung Electronics Co. The reduction of about 1,000 jobs will mainly be in Sweden, Sony said today in a statement. About 650 positions will be cut from its mobile division’s headquarters in the town of Lund, and the rest will primarily be consultants in the Nordic country. The unit’s headquarters will move to from Lund to Tokyo, where Sony is based.

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