Electronics giant Hitachi to cut 14,000 jobs

Japanese electronics manufacturer Hitachi said today it was trimming its global work force by 14,700 people, by April.

The cuts affect 10,200 workers in Japan, or about 4% of the domestic work force, and 4,500 overseas workers, or 6% of the employees abroad, Hitachi said. The company employs about 341,000 people worldwide.