Sony Ericsson just announced its Q1 financial results, and as expected, things aren’t looking too bright.

Sony Ericsson will have to perform another cost savings program, which will include a further reduction in employees of approximately 2,000 people.

They’re hoping it’ll be completed in mid 2010.

Also announced today was the next Entertainment Unlimited announcement date. This will be on May 28, and based on what Sony Ericsson wrote in the press release, it will not be about Idou, but a new product.

You can read the entire press release yourself over at Sony Ericsson’s press lounge.

Filed under: Corporative, News
Tags: financial results, Q1

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