Sony Ericsson to Slash 2,000 Jobs

Published: 21 July 2008
 by Staff
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STOCKHOLM – Sony Ericsson will slash 2,000 jobs worldwide over the next 12 months, as the mobile phone maker seeks to dramatically cut costs.
 
The company today reported a 97% drop in second-quarter net profits and said it planned to cut operating costs by 300 million euros each year.
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