• Sun
  • Jul 13, 2014
  • Updated: 2:18am
BusinessCompanies

Sharp seeks 2,000 job cuts

PUBLISHED : Tuesday, 20 November, 2012, 2:34pm
UPDATED : Tuesday, 20 November, 2012, 2:36pm

Struggling Japanese TV maker Sharp Corp said on Tuesday about 3,000 of its workers volunteered for early redundancy, far more than the 2,000 it aims to lay off in a bid to trim costs amid mounting losses.

Sharp said it will book a special loss of 25.3 billion yen (US$312 million) for the October-December quarter to cover costs for the layoffs.

Share

For unlimited access to:

SCMP.com SCMP Tablet Edition SCMP Mobile Edition 10-year news archive
 
 

 

 
 
 
 
 

Login

SCMP.com Account

or