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Sony cuts jobs for supply chain

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sonyisplanningtocutjobstostreamlineitssupplychainSony recently announced that it's cutting 1,000 jobs in an effort to streamline its supply chain management.

The electronic manufacturing company is currently going through a restructuring phase that will also result in the its headquarters being transferred from Lund, Sweden, to Japan. Competition from other industry giants, like Apple and Samsung, has forced the company to look for ways to improve its operations.

"Sony has identified the mobile business as one of its core businesses and the Xperia smartphone portfolio continues to gain momentum with customers and consumers worldwide," said Kunimasa Suzuki, president and CEO of Sony Mobile. "We are accelerating the integration and convergence with the wider Sony group to continue enhancing our offerings, and a more focused and efficient operational structure will help to reduce Sony Mobile's costs, enhance time to market efficiency and bring the business back to a place of strength."

The majority of cuts are expected to occur in Sweden, including 650 staff and 300 consultants. The cuts are expected to occur over the next 18 months.

Sony also recently announced that it's ending its optical disc business drive by March, which is also part of the restructuring process.

Last modified on Wednesday, 29 August 2012 14:06

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