Sony to cut 1,000 jobs in smartphone business: sources

Sony Corp plans to cut around 1,000 additional jobs in its struggling smartphone division as it tries to bring its electronics business back into the black, sources said on Wednesday. Sony, which has cut its earnings forecasts six times on Hirai's watch, has forecast a 230 billion yen ($1.95 billion) net loss for the business year to March, suspending dividend payments for the first time amid weakness in smartphones. The cuts would be in addition to the 1,000 jobs Sony already said it would eliminate in its mobile unit, the sources said. The cuts will be announced when Sony reports its latest business results on Feb 4, the report said.



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