Toshiba’s Restructuring Plan Axes 4,000 Jobs


On May 16, Toshiba Corporation released a revitalization plan aimed at “Becoming the Company Society Needs.” The plan establishes targets and goals, management strategies, and business domains that are critical for growth. The plan also includes “Personnel Optimization” that entails the elimination of some 4,000 jobs. Speculation about the job cuts began in April. Initially

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