Toshiba slashes 18,800 jobs

Toshiba has dealt a fresh blow to the embattled tech sector by announcing plans to axe 18,800 jobs worldwide.

Toshiba slashes 18,800 jobs
Mon, 27 Aug, 2001 - 18:14

Toshiba has dealt a fresh blow to the embattled tech sector by announcing plans to axe 18,800 jobs worldwide.

The move, which is unlikely to hit workers in the UK, comes as competitors scale back resources to reflect a slump in demand for IT products.

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CourtsHeathrowPlace: UKPlace: JapanPlace: United StatesPlace: EuropePlace: PlymouthPlace: DevonPlace: FrimleyPlace: CambridgePlace: BristolPlace: TokyoPlace: BritainPlace: LondonOrganisation: ToshibaOrganisation: FujitsuOrganisation: HitachiOrganisation: NEC CorporationOrganisation: Matsushita Electric Industrial CompanyOrganisation: PanasonicOrganisation: ICL
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