In a report that surfaced earlier today, Sony is planning on cutting 1,000 more jobs from the company’s mobile division. These job cuts will take place mainly in Europe and China. After the cuts, Sony’s mobile division will reportedly have shrunk 30% down to 5,000 by the end of the fiscal year in March 2016.
While these cuts are nothing positive, we can’t say they came out of the blue. Sony has been trying to gain a foothold in the smartphone market and regain profits for quite some time. Just last year, Sony posted a $1.7 billion loss from their mobile division, and that was after the company already cut 1,000 jobs from the mobile division back in 2013. It seems as though the company is doing all they can to return profits, including the shift back to yearly flagship releases and cutting down the number of overall handset releases throughout the year.
Sony is expected to report its recent job cuts during the company’s earnings report on February 4th.
This won’t automatically return profits to the company, but do you think cutting this many jobs will benefit them that much? Moreover, what would you like to see Sony do differently in 2015? Let us know your thoughts in the comments.