"Sony cuts another 1,000 jobs"

"Sony cuts another 1,000 jobs"

Sony plans to cut another 1,000 jobs at its smartphone division, as the company's smartphones in the higher echelons of the market is still unable to compete with the likes of Apple (which has just revealed a record-breaking quarter) and Samsung.

30 % reduction in staff

Sony's onerous smartphone division faces another round of redundancies: according to press agency Reuters's Tokyo sources, another 1,000 people will be fired - although a company spokesperson refused to comment.

 

These cuts will be on top of the previously-announced 1,000 jobs cut. In the end, the division will employ some 5,000 people, which is a 30 % reduction in staff. According to business paper Nikkei, China, Great Britain and Sweden face the bulk of the reduction. Sony is expected to officially announce the redundancies when it presents its quarterly results on 4 February.

Questions or comments? Please feel free to contact the editors


Pieter Haas, CEO Ceconomy: "We sell the consumer a digital life"

03/11/2017

MediaMarkt’s parent company, Ceconomy, has the key to consolidate the European electronics industry even more. The retailer will sell services and solutions: “We help people make the right decisions.”

Ceconomy continues growth in transitional year

26/10/2017

Ceconomy, a former part of German Metro Group, achieved a 4.6 % fourth quarter turnover increase to 5.264 billion euro. Media Market’s parent company mainly made strides online.

Fnac Darty grew 6 % in third quarter

20/10/2017

Fnac Darty has raised its third quarter turnover by 6 % to 1.792 billion euro, with growth in the Benelux as well. The company also revealed the integration of both companies is ahead of schedule.

Samsung CEO resigns despite record profit

13/10/2017

South Korean Samsung has managed a record profit in its past quarter thanks to strong chip sales. However, one of its three CEO’s still decided to resign.

Fnac-Darty introduces new board

12/10/2017

A little more than a year after Fnac and Darty merged and several months after CEO Alexandre Bompard suddenly moved to Carrefour, the French entertainment and electronics group Fnac-Darty introduced its new board.

Twelfth straight quarter of weaker computer sales

12/10/2017

Desktop computer sales have slumped once more in the third quarter, down 3.6 %. It is the third straight year of dwindling sales, according to research firm Gartner.

Back to top