July 23, 2014

Sony Mobile to relocate headquarters, trim 1000 jobs

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Sony Mobile has just announced that they will be moving its headquarters, laying off workers in the process to streamline the organization, all while restructuring their business focus. Sony has mentioned that it is going to accelerate the work it is doing to integrate its Xperia line of smartphones with the rest of Sony’s product portfolio. In relation to the operational structure changes, Sony Mobile plans to reduce its global headcount by approximately 15 percent (approximately 1000 personnel, including consultants) throughout the financial years of 2012 and 2013 (i.e. by the end of March 2014) as the company seeks to increase operational efficiency, reduce costs and drive profitable growth. The company is going to relocate its corporate headquarters from Lund, Sweden, to Tokyo, Japan, where most of Sony’s business units are. 
Sony expects these organizational changes, including the layoffs, to be completed by March 2014. Stay tuned in to AndroidGuys and we will let you know if we hear anything more on the subject!

Via Phonescoop