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Sony Plans To Lay Off Addl. 1,000 Jobs In Smartphone Business : Report

Sony Corp. (SNE) plans to lay off an additional 1,000 employees in its smartphone business, mainly in Europe and China, Nikkei reported.

The Japanese electronics giant had announced last October that it would eliminate around 1,000 jobs, mainly in smartphone operations. In all, the workforce will shrink by roughly 30% to 5,000 as of the end of the fiscal year through March 2016.

Sony is expected to outline the new restructuring plan when releasing its April-December earnings February 4, the report said.

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