Toshiba to slash 3,000 jobs
Tokyo (dpa) - Toshiba Corp said Monday that it would cut by half the number of employees in its television production outside Japan to 3,000 as part of restructuring.
The company would close two of its three television production facilities overseas by March 2014, it said in a statement.
The facilities are located in China, Poland and Indonesia, but Toshiba spokesman Atsushi Ido declined to say which ones would be closed.
The move would allow Toshiba to boost the outsourced elements of its television production from the current 40 per cent to 70 per cent by the end of the next financial year, which will end in March 2015, the company said.
The Tokyo-based company has been struggling with poor sales of liquid crystal display televisions and sluggish demand for personal computers amid growing popularity of smartphones and tablet computers.