# Ericsson cuts 5K jobs, blames Sony...

**URL:** <https://forums.speedlife.net/t/ericsson-cuts-5k-jobs-blames-sony/61674>\
**Category:** NYSpeed Off Topic\
**Created:** [January 21, 2009, 8:37am UTC](https://forums.speedlife.net/t/ericsson-cuts-5k-jobs-blames-sony/61674 "2009-01-21T08:37:29Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![Dr.Stevil](https://avatars.discourse-cdn.com/v4/letter/d/da6949/32.png) [@Dr.Stevil](https://forums.speedlife.net/u/Dr.Stevil)\
**Post date:** [January 21, 2009, 8:37am UTC](https://forums.speedlife.net/t/ericsson-cuts-5k-jobs-blames-sony/61674/1 "2009-01-21T08:37:29Z")

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_[http://www.hardocp.com/news.html?news=Mzc0MDQsLCxoZW50aHVzaWFzdCwsLDE=](http://www.hardocp.com/news.html?news=Mzc0MDQsLCxoZW50aHVzaWFzdCwsLDE=)_

> Ericsson, placing blame on its partnership with Sony, has announced that it will [cut 5,000 jobs](http://www.engadget.com/2009/01/21/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.