Given its recent string of lousy financial reports, its weak platform strategy and declining share of the the global handset market, I suppose it was only a matter of time before Sony Ericsson began sacking employees again. And the company did just that this morning<http://www.engadgetmobile.com/2009/11/18/sony-ericsson-closing-four-facilities-laying-off-2-000-employee/>, announcing plans to shutter its Research Triangle Park facility in North Carolina, as well as offices in Miami, India and Sweden<http://www.google.com/hostednews/ap/article/ALeqM5gJALq9Ldcq4R3Kw55f5VqSfeNOAQD9C21U381>.
The closures, which will see Sony Ericsson’s North American headquarters moved to Atlanta <http://www.newsobserver.com/business/story/198412.html>, will result in the loss of some 2,000 jobs. This a little more than a year after the joint venture’s last big round of layoffs, part of a companywide cost-cutting plan that also left about 2,000 people unemployed. http://digitaldaily.allthingsd.com/20091118/sony-ericsson-to-sack-2000/ -- You received this message because you are subscribed to the Google Groups ""GLOBAL SPECULATORS"" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/globalspeculators?hl=.
