TOKYO: Japan's Toshiba Corp said it would cut 900 jobs in a restructuring of its PC business that will include an exit from business-to-consumer operations in some regions.
The Japanese electronics conglomerate expects the PC restructuring to cut operating profit by 45 billion yen (US$414mil), but did not change its earnings forecast for the current year to March, as better-than-expected earnings in electricity and other operations offset the impact.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!