Sony Cuts 1,000 From Mobile Business

Sony on Thursday said it plans to eliminate 1,000 jobs from its mobile division, equating to a 15% reduction of its total global workforce. The retrenchment comes six months after Sony completed its buyout of the Sony Ericsson joint venture, and three weeks after the company lowered its full-year forecast. Along with the layoffs, Sony Mobile will also move its headquarters from Sweden to Tokyo.

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