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.