According to a new report, Sony is planning to eliminate another 1,000 jobs from its mobile division. This move would be part of a restructuring effort that saw the company initially cut 1,000 jobs late last year.
The report, which comes from Reuters citing Japanese newspaper Nikkei Business Daily, also notes that Sony's workforce will shrink by a significant margin in the coming months:
Overall, Sony's mobile division workforce will shrink by about 30 percent to 5,000 by the end of the fiscal year ending March 2016, the report said.
Sony has recently faced increasing pressure in the mobile market from fierce competition with Chinese manufacturers such as Xiaomi, which are able to offer up devices at relatively low prices. As a result, the company's CEO, Kazou Hirai, stated last September that it will begin focusing its efforts on the high-end segment and breaking further into the U.S. market.
Sony is expected to announce the job cuts during its earnings report on February 4.
Source: Reuters
We may earn a commission for purchases using our links. Learn more.
Which do you think is better — Galaxy Note 10+ or Pixel 4 XL?
Note 10+ or Pixel 4 XL? Here's what our AC forum members think about two of the market's hottest Android phones.
Leaked renders give us our first look at the mid-range OnePlus 8 Lite
CAD-based renders of the OnePlus 8 Lite have been leaked online, giving us an early look at OnePlus' first mid-range smartphone in four years.
The Force compels you to pre-order the Star Wars Galaxy Note 10+
Whether you're a Star Wars fan or not, this Star Wars-themed Galaxy Note 10+ is pretty sweet. From the design, the packaging, and the accessories, it's a great collaboration that's up for pre-order now.
These apps are the best way to consume news on your Android device
If you're keen on keeping up with the day's events on the go with your Android phone or tablet, then you'll want to check out these fine apps for news junkies.
