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Sony Ericsson Plans to Issue 2,000 More Pink Slips this Year

Apr 17, 2009, 7:26 AM by Eric M. Zeman

Sony Ericsson posted a net loss of $387 million for the first quarter of 2009, its third consecutive quarterly loss. In response to falling sales, Sony Ericsson said it plans to cut 2,000 additional employees this year along with instituting other cost-reduction measures. Sony Ericsson already announced a work force reduction of 2,000 employees earlier this year. Sony Ericsson expects to save about $785 million by the middle of 2010 with the job cuts and restructuring efforts.

Yahoo / AP »

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Comments

This forum is closed.

This forum is closed.

murmermer

Apr 17, 2009, 4:37 PM

WOW!

the average employee being dumped made around $392,500 a year! 😳

wade496

that is not the average ammount that each employee made. That has to do with travel, electricity, water, rent for space.

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