Sony Mobile to Cut An Additional 1,000 Jobs

Kaz_Hirai_CES_2015

The following news only adds depth to the larger picture of Sony’s struggle in the mobile space where earlier today, we reported that Sony Mobile accounted for less than 1% of US phone activations in Q4 2014. Following that news piece, it appears that Sony is planning on cutting an additional 1,000 employees from their mobile branch in order to return the division back to profits. Details after the jump.

As you’d except, Sony has yet to officially comment on the subject but it’s believed that Sony will cut 1,000 employees, mostly from Europe and China in order to cut expense which they believe will help Sony Mobile return to profitability. Even worse, this is on top of the already 1,000 job cuts the division faced back in October of 2014. Once the cuts are in place, the workforce will shrink by roughly 30% to 5,000 as of the end of the fiscal year through March 2016. It’s expected that Sony will officially announce this new rounds of layoffs on February 4th when they release their April to December earnings.

Discuss:

Do you think these job cuts will help the division return to profitability?

[Via Nikkei]