Sony Ericsson fires 500 people in Sweden
Like many other giant companies, in order to cope with the unfavorable global economic conditions, Sony Ericsson has to reduce its overall costs.
And since one of the easiest ways to do so is by cutting jobs, the joint venture has apparently laid off about 500 people from its Swedish plants in Kista (where Ericsson has its headquarters) and Lund.
Reportedly, Sony Ericsson’s employees from Sweden are unhappy that the manufacturer decided to recently open a new facility in India, instead of concentrating on the sites from its home country. But since India offers cheaper workforce, this actually makes perfect sense, given the fact that SE wants to restrain its budget as much as possible.
One of the newest members of the Open Handset Alliance, Sony Ericsson further plans to cut about 2000 jobs worldwide in the near future.