Company/Organisation:
Sony Ericsson
Geographic Location
Country:
World
Company
Sector:
Manufacturing
Manufacture of computer, electronic and optical products
26 - Manufacture of computer, electronic and optical products
Number Employed:
84000
Group:
Sony Ericsson
Employment Effects
Announcement Date:
17-04-2009
Planned Job Reductions min:
5000
Planned Job Reductions max:
5000
Type of Restructuring:
Internal restructuring
Foreseen End Date:
31-12-2009
Additional Information
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:
18-04-2009Il Sole 24 Ore
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