Sony, after announcing last month that it was cutting 1,000 jobs from its mobile unit, has today revealed that it is cutting yet another 1,100 employees from its Mobile Communications business. Sony says that these cuts will trim the mobile unit down to 5,000 employees by March 2016. That’s a 28 percent cut to the department (via FierceWireless).
Sony, in its earnings report today, said that its mobile business improved 29 percent year-over-year to around $3.64 billion with $79 million in operating profit last quarter. For the full fiscal year, however, the company said its mobile business is expected to post around a $1.82 billion loss and sell 39.2 million smartphones.
Sony cited an increase in smartphone unit sales, an improvement in its product mix, and a favorable impact of foreign exchange rates as reasons for its mobile unit’s performance this quarter. Going forward, Sony says it will cease development of new smartphones for China and cut back the number of Xperia models it releases in 2015.
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