Sony Ericsson posts loss, to cut 2,000 jobs

STOCKHOLM (AP) — Mobile phone maker Sony Ericsson on Friday posted a euro293 million ($387 million) net loss in the first quarter on falling sales and said it would slash an additional 2,000 jobs to cut costs.
The result was the third consecutive quarterly loss for the Sony Corp. and LM Ericsson AB joint venture, which [...]

Nokia to lay off 1,700 worldwide

Nokia Corp. said Tuesday it will lay off 1,700 people worldwide to cut costs, as the global economic downturn strikes deeper into the mobile phone sector.
The world’s top mobile phone maker said the job cuts will affect several sectors, including its devices and markets units, the corporate development office and global support functions.
“The number of [...]

RIM (Blackberry) set to hire 3,000 employees

BARCELONA — The maker of Blackberry phone handsets, Canada’s Research In Motion, said on Monday it was recruiting 3,000 new workers to keep pace with demand despite the global economic crisis.
“We have grown our employees base by 50 percent in 2008. And we’re still hiring and we plan to keep hiring. We have growth in [...]

Ericsson to lay off 5,000 worldwide

Ericsson is making another 5,000 staff redundant as part of a $1.2bn cost reduction programme, despite reporting better than expected fourth quarter results.
The Swedish firm said sales had risen 23% and earnings per share were ahead of expectations.
However, the firm said a further 5,000 jobs would be going across the group worldwide, with about 1,000 [...]