Sony Ericsson Closing RTP Site Among Global Cuts

Cell phone handset maker Sony Ericsson is closing its North American headquarters in North Carolina as part of a global consolidation that will cut about 2,000 jobs.

The News & Observer of Raleigh reported the company broke the news to employees in Research Triangle Park early Wednesday.

The closure is part of a company strategy to cut its worldwide staff of 10,000 by 20 percent. Spokeswoman Stacy Dorster says the joint venture between Sweden's LM Ericsson and Japan's Sony Corp. is closing several sites around the world to consolidate research and development.

The 8-year-old company has 425 workers left at its North American headquarters after shedding hundreds of jobs in the past year.

(Copyright 2009 by The Associated Press. All Rights Reserved.)

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  • by dudette on Nov 18, 2009 at 01:29 PM
    hey snake oil...are you suggesting that it's not incumbent upon business owners and managers to properly manage their resources and sales??? that their success or failure is not in their own hands??? sure, the WORLD ECONOMY factors into everything, but you don't pay your execs MILLIONS in bonus' while your sales are down and you can't keep up with your expenses.
  • by Devil Dog Location: Greenville on Nov 18, 2009 at 12:27 PM
    Maybe the GOV should take a trip to Louisiana and speak to GOV JINDEL. He is retaining industries, creating jobs and lowering taxes. Oh,I forgot, he is a REPUBLICAN.
  • by Obama Snake Oil co Location: Washington on Nov 18, 2009 at 12:10 PM
    Dudette, you obviously do not have a clue how a business is run. Who is in office and what party controls it, does have a serious impact on business. Like, who raises minimu wage, dems, who is spending dollars faster than they ever will be taxed, dems, sales tax goes up, inflation seeps in as the dollar weakens dems (Carter and Clinton), lastly, unemployment goes up, again, polls and stats. Now go back to Business 101 and pay attention. And, lay off the koolaid.
  • by dudette on Nov 18, 2009 at 11:29 AM
    John...well said.
  • by hobo johnny on Nov 18, 2009 at 10:49 AM
    well gov says economy not bad, I guess the gov keeps lying.
  • by john Location: Gvegas on Nov 18, 2009 at 10:18 AM
    Let's not pretend that companies outsourcing to areas with cheaper labor is a new phenomenon. It's not. But consolidating R&D? I doubt it. This is consolidating *profits* for the wealthy at the expense of the working class. As saddening as this is, how many people in NC will decide to send a message to Sony by not buying any of their products? Not many.
  • by dudette on Nov 18, 2009 at 10:12 AM
    billy - no one is going to fix our problems but us...businesses don't fail because of who is in office. they close because of a base inability to manage their resources and sell their products. that is covered in any Intro to Business class. and "really?" is right...both are foreign companies operating in the US...forbidding companies from sending jobs overseas wouldn't have helped this situation.
  • by really? on Nov 18, 2009 at 10:04 AM
    Billy...chill out and read the rest of my post.
  • by Billy on Nov 18, 2009 at 09:41 AM
    REALLY?- what kind of argument is that? Overseas companies or not, Americans are getting laid off. Typical far left explanations. Listening to the main street media you would think The Mesiah has fixed all of our problems. He's been in office almost a year now, Still going to blame Bush for all this.
  • by how many??? on Nov 18, 2009 at 09:24 AM reports it as 420 jobs to be lost, not 2000. that's a HUGE difference. which is right?
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