Toshiba Corp. says it will slash up to 6 percent of its workforce in Japan by offering staff early retirement packages and reduce redundant operations by integrating key subsidiaries, in its first major revamp plan for turning its business around after going private late last year.
ANN/THE STRAITS TIMES – Toshiba was delisted on December 20 after 74 years on the Tokyo exchange, following a decade of upheaval and scandal that brought down one of Japan’s biggest brands and ushered in a buyout and an uncertain future. The conglomerate is being taken private by a group of investors led by private […]
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