Sharp to seek job cuts in Europe, forge ties with local firms


RESHUFFLING: Japan's Sharp Corp said on Friday that it would seek 300 job cuts in Europe and pursue cooperative ties in household electronics with two companies in the region in a renewed round of restructuring of its European operations. — Reuters

TOKYO: Japan's Sharp Corp said on Friday that it would seek 300 job cuts in Europe and pursue cooperative ties in household electronics with two companies in the region in a renewed round of restructuring of its European operations. 

The electronics maker said it would grant use of its TV brand in Europe to Universal Media Corp (UMC) Slovakia while a sales unit of Turkish electronics firm Vestel Elektronik Sanayi ve Ticaret AS would receive use of its home appliances brand. 

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