Sony Ericsson is set to axe thousands more jobs as part of another cost-cutting drive, putting yet more HR jobs at risk.
The mobile phones giant reported £316m losses in its first-quarter report this morning, and plans to cut 2,000 more jobs by mid-2010 in addition to 2,000 already announced last year.
The firm said the jobs cull would save another £353m, although is not clear yet where most of the job losses will take place. The business employs about 500 staff in the UK.
Dick Komiyama, the president of Sony Ericsson, said: “As expected, the first quarter of this year has been extremely challenging for Sony Ericsson due to continued weak global demand.”
He added: “The management intends to pursue an additional cost saving programme [to cut annual operating costs] by £353m, to be completed by mid-2010.”
Michael Chivers, the vice-president of HR, told Personnel Today in early April: “The HR function is getting smaller almost month by month, but so is the business.”