Sony Mobile is moving closer to its parent company.
The mobile phone maker announced today that in October, it'll move its headquarters from Lund, Sweden to Tokyo, Japan. And in so doing, it will reduce its global workforce by 1,000 employees, or 15 percent of its staff. Those cuts, which include consultants, should be completed by the end of March 2014.
Sony Mobile's headquarters are in Sweden because the company's former 50 percent owner, Ericsson, is based there. Earlier this year, Sony completed the acquisition of Ericsson's stake in the mobile firm, giving it total … Read more