Japan's Toshiba Sheds, Reassigns 3,500 Workers
Tokyo, Nov. 29 (Jiji Press)--Japan's Toshiba Corp. said Friday that it has completed rightsizing its workforce by shedding or reassigning some 3,500 workers.
In May, the electronics and machinery maker announced a plan to shed up to 4,000 jobs by the end of November mainly through an early voluntary retirement program for employees aged 50 or over.
(2024/11/29-22:29)