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Sony Ericsson to Cut 2,000 Jobs

After posting a quarter 1 (Q1 2009) net loss of $387 million due to falling sales Sony Ericsson is going to cut 2,000 jobs to save money.   Sony Ericsson shipped only 14.5 million phones in the first quarter of this year, a decrease of 35% from this time last year.  Sony Ericsson is attributing the decline in sale to the economic decline around the world.

“In summary it has been a difficult quarter and we expect this to continue through 2009.”
Dick Komiyama, President-Sony Ericsson
“We are aligning our business to the new market reality with the aim of bringing the company back to profitability as quickly as possible.”

Source: YAHOO! TECH

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HUP Renewals-Fido

Effective immediately for customers who are on loyalty/retention plans, or “old” Fido plans (before November 4th, 2008).  Contract renewals may now only be done within 180 days (6 months) of the end of the contract, not 14 months as previously allowed.

Fido Dollars may still be used to reduce handset pricing if you are not eligible for a renewal credit.  Fido Dollars are can also be used when completing a HUP to reduce the handset pricing even more.

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