Ericsson slashes 5,000 jobs, blames Sony partnership
With profits tumbling 31%, Ericsson just announced its intent to shed 5,000 jobs across the globe (1,000 in Stockholm). The loss resulting from a "dramatic drop" in contributions from its Sony Ericsson joint venture. The 5k figure represents about 6% of Ericsson's 79,000 employees.














Blame Sony!! Blame Sony!!! (or Canada)
Guess that merger didn't pay off. Who woulda thunk it?
WHAT ARE YOU GUYS TALKING ABOUT!!! If anything, Sony stock is down 50% from year ago. Much of this due to the Ericson partnership. Last time I checked, Sony bailed out Ericson, not the other way around. If anything Sony should cut them loose, see how things work out. I have a feeling all SE owners will be sitting on expensive paperweights.
-M.
Yeah keep on releasing retarded phones and blame the whole world for you failure... what a f***ed up logic...
hurray for a200@qvga... not.