Toshiba slashes jobs amid IT slump

Japanese manufacturer Toshiba Corporation said today it was slashing 17,000 jobs, or about 10% of its global work force, amid a worldwide electronics slump.

Toshiba slashes jobs amid IT slump
Mon, 27 Aug, 2001 - 11:22

Japanese manufacturer Toshiba Corporation said today it was slashing 17,000 jobs, or about 10% of its global work force, amid a worldwide electronics slump.

Toshiba said almost all the job cuts would be in Japan, where it would reduce its work force by 12%.

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