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Sony Mobile to Cut Workers, Relocate Headquarters

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Aug 23, 2012, 7:01 AM   by Eric M. Zeman

Sony Mobile today announced that it will restructure its business focus, move its headquarters, and lay off workers in an attempt to streamline the organization. Sony said that it is going to accelerate the integration work it is doing with its Xperia line of smartphones with the rest of Sony's product portfolio. The company is going to relocate its corporate headquarters from Lund, Sweden, to Tokyo, Japan, which is where the bulk of Sony's other business units are run from. Sony is also evaluating the strengths and weaknesses of each of its work sites in hopes of defining ways to improve their efficiency. These changes will result in a workforce reduction of about 1,000 employees worldwide, or 15% of Sony Mobile's total headcount. Sony expects these organizational changes, including the layoffs, to be completed by March 2014.

more info at Sony Mobile »

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