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Meltdown: Thousands of jobs to go globally!

October 1, 2008

Sony Ericsson to sack 2,000

Cellphone firm Sony Ericsson will cut 2,000 jobs within a year as it restructures its worldwide operations. The move is likely to save $422 million for the company.

Image: The logo of phone manufacturer Sony Ericsson outside the company's headquarters in west London. | Photograph: Chris Young/AFP/Getty Images

Also read: 9 great management lessons from Dhirubhai Ambani

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