Takata Corp. may consolidate its air bag production in Europe and cut jobs overseas under restructuring to recover from a global recall crisis involving its faulty inflators, sources said Wednesday.

Under the turnaround plan, Takata may also sell some noncore businesses to raise money for massive recall-linked expenses, as well as seek assistance from client automakers, the sources said.

In Europe, Takata has air bag production facilities in such countries as Germany and the Czech Republic. The Tokyo-based company may integrate plants and slash jobs in Europe starting in April 2017 or later, according to the sources.