Sony Ericsson

Type
Internal restructuring
Country
World
Region
Location of affected unit(s)
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
26 - Manufacture of computer, electronic and optical products
26 - Manufacture of computer, electronic and optical products
5,000 jobs
Number of planned job losses
Job loss
Announcement Date
17 April 2009
Employment effect (start)
Foreseen end date
31 December 2009

Description

Sony Ericsson, a world leader in mobile handset industry, has announced a cost-saving plan that envisages 5,000 job cuts worldwide by the end of 2009. The job losses are attributed to a decline in the company's turnover due to the global economic crisis. Ericsson has around 84,000 employees worldwide.

Sources

  • 18 April 2009: Il Sole 24 Ore

Citation

Eurofound (2009), Sony Ericsson, Internal restructuring in World, factsheet number 68805, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68805.