Mobile companies announces job cuts

Sony Erricson and Toshiba have announced that it will cut jobs in coming years. The company Sony Ericsson, based in London announced that will be cut 6000 jobs and around the world it will cut 2000 jobs. The company reported a loss of £258m in the initial quarter of the year. Cathay Pacific Airways have asked its employees to go on unpaid leaves.

Toshiba will be laying off contract employees in Japan and it announced that by March 2010, about 3900 employees will be removed.