Sony will move its official European headquarters from the UK to The Netherlands in order to minimise the fallout from Britain’s exit from the EU.
In a statement, Sony said the HQ move wouldn’t affect its employees and day-to-day operations in its existing UK offices, but the move would help the company avoid customs issues tied to Brexit.
Sony said the relocation means “we can continue our business as usual without disruption once the UK leaves the EU. All our existing European business functions, facilities, departments, sites and location of our people will remain unchanged from today.”
Sony insists the move will have no impact on UK jobs. Panasonic announced a similar plan several months ago, shifting its headquarters to The Netherlands as well.
The new Holland operation will commence in April, just days after the Brexit deadline of 29 March 2019.
Via BBC