• Kyodo News

  • SHARE

Mitsui Mining & Smelting Co. said Tuesday it will cut some 4,000 jobs, including 1,000 regular jobs, as it expects to fall deep into the red in the current fiscal year through March 31 in the face of a rapidly deteriorating business environment.

The leading nonferrous metal producer currently has a workforce of some 11,100 full-time workers and 7,700 nonregular employees.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW