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Mobile phone maker Sony Ericsson is to cut a further 2,000 jobs as it seeks to make 400m euros of savings.
It comes as the firm revealed a pre-tax loss of 358m euros ($469m; £316m) in the first three months of this year.
"As expected, the first quarter of this year has been extremely challenging for Sony Ericsson due to continued weak global demand," the firm said.
The job cuts come on top of 2,000 previously announced as part of another savings drive, now completed.
"The management intends to pursue an additional cost saving programme targeting a further annual operating expense reduction of 400m euros, to be completed by mid-2010," said Sony Ericsson president Dick Komiyama.
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Posted: 2009-04-17 11:37:04
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its so sad to hear about that pal, also here in our country a lot of job lost due to global economic crisis..
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Posted: 2009-04-17 14:19:02
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its so sad to hear about that pal, also here in our country a lot of job lost due to global economic crisis..
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Posted: 2009-04-17 14:31:33
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