Sharp considers shedding 5,000 jobs worldwide

Mar 19, 2015

Sharp considers shedding 5,000 jobs worldwide

Struggling electronics maker Sharp Corp. is considering shedding 5,000 jobs, or about 10 percent of its global workforce, informed sources said Thursday. To slash fixed costs, Sharp will also look at reducing salaries in Japan, the sources said. The fresh downsizing plan will likely ...

Oct 7, 2014

Turner Broadcasting cutting 1,475 jobs

Turner Broadcasting, the parent of the CNN, TBS and TNT networks, is eliminating about 1,475 jobs, or about 10 percent of its total employees. Monday’s announcement follows an offer of voluntary buyouts to 600 veteran employees in August, part of an overall cost-cutting effort ...

Jul 17, 2014

Microsoft expected to announce huge job cuts this week

Microsoft Corp is planning its biggest round of job cuts in five years as the software maker looks to integrate Nokia Oyj’s handset unit, Bloomberg reported, citing sources with knowledge of the company’s plans. The reductions, expected to be announced as soon as this ...

Renesas hopes to ax 5,400 more jobs

Jan 22, 2014

Renesas hopes to ax 5,400 more jobs

Struggling chipmaker Renesas Electronics Corp., seeking to accelerate restructuring efforts, plans to slash another 5,400 domestic employees, or around 20 percent of its workforce, by the end of March 2016 through early retirements, according to company sources. The labor union, however, opposes the plan. ...

Oct 30, 2013

JT to cut 1,600 jobs, close four plants

Japan Tobacco Inc. is cutting 1,600 jobs and closing four domestic factories as part of its plan to boost competitiveness at home and profitability. The job cuts will be made through a voluntary retirement program that will be offered to eligible employees in the ...