It is no secret that Sony is navigating troubled seas and has already undergone some Cutting the corners to remain operational. Reuters is reporting that Sony Corp has plans to lay off another 1,000 jobs in its smartphone division in Europe and China. This is not surprising especially after considering the fact that Sony CEO Kaz Hirai had already hinted last year that the company could be open to selling off the smartphone division. Also Read - Cyberpunk 2077 back on Sony's PlayStation Store, with a special warning for PS4 ownersAlso Read - Samsung and LG confirm presence at in-person CES 2022
Sony had earlier announced that it would be eliminating another 1,000 jobs in its handset business this October. Sony has been managing with a very thin workforce lately and the consequent job cuts would mean that the Sony workforce would be reduced by nearly 30 percent by the end of this year. Also Read - E3 2021: What is it, entire schedule, how to watch livestream for free, what to expect
Sony recently is having a hard time getting traction in the smartphone business and is unable to compete with the likes of Apple and Samsung. The other fact that is affecting the entire smartphone industry is the new entrants like the Xiaomi Mi 4 and OnePlus One, which offer the same set of hardware at a fraction of the flagships from other prominent manufacturers.