Close Menu
    Tags
    ai apple BJP cg news Champions Trophy 2025 Chhattisgarh Chhattisgarh News china Congress cricket donald trump elon musk featured google Hindi News Hindustan India ind vs eng IPL IPL 2024 IPL 2025 Israel Israel Hamas War Jammu and Kashmir latest news Lok Sabha elections 2024 Madhya Pradesh Madhya Pradesh news market Narendra Modi News in Hindi Pahalgam Terror Attack Pakistan pm modi Rahul Gandhi Raipur Rohit Sharma samsung Supreme court T20 World Cup 2024 the chhattisgarh United States Virat Kohli whatsapp World Cup 2023
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram YouTube
    The Chhattisgarh
    Member Login
    • World
    • India
    • Chhattisgarh
    • Madhya Pradesh
    • Sports
    • Technology
    The Chhattisgarh
    Home»Technology»Toshiba Announces Layoffs, To Cut Around 5,000 Jobs |
    Technology

    Toshiba Announces Layoffs, To Cut Around 5,000 Jobs |

    The ChhattisgarhBy The ChhattisgarhApril 19, 20242 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email Copy Link

    New Delhi: Layoffs that started last year are not stopping yet. Daily, you may have encountered the news of the layoffs.  After prominent companies such as Google, Amazon, and more, Toshiba, a prominent manufacturer of personal computers, consumer electronics, and home appliances, is gearing up to trim its workforce.

    How Much Workforce Will Be Effected?

    The manufacturer decided to restructure the workforce in Japan by seven percent, which amounts to around 5,000 job cuts. (Also Read: Paytm Initiates Customer Migration To Partner Banks For UPI Services)

    Reason Behind Layoffs

    Once a major employer in the nation, Toshiba’s restructuring move aims to streamline operations and reduce costs in non-core business areas, as reported by Nikkei. (Also Read: Viral Video: Zomato Boy Delivering Food On Harley-Davidson Surfaces Online — Watch)

    Impact On Workforce

    Toshiba, currently employing around 65,000 individuals in Japan, is bracing for one of its largest layoffs since 2015 if the plan is executed. The 2015 layoffs, amounting to 7000 job cuts, were a result of accounting irregularities.

    Focus Areas

    The company’s restructuring strategy is geared towards focusing on its infrastructure and digital technology business while streamlining operations in other areas.

    This move comes amidst a broader trend of major companies in Japan, such as Shiseido, Omron, and Konica Minolta, also implementing layoffs and announcing plans for further reductions.

    Global Layoff Trends

    The layoffs at Toshiba coincide with similar actions by global giants like Amazon and Google, which have also announced significant job cuts recently.

    Company Response

    In response to inquiries, a report stated, “The restructuring plan is a key aspect of Toshiba’s efforts to enhance profitability, as part of its midterm management plan set to be unveiled in May.”

    Additionally, the report mentioned, “The company will engage in discussions with its labor union starting in May to determine the number of positions to be eliminated in each business unit.”

    amazon google IT Layoffs 2024 Layoffs 2024 Tech Layoffs 2024 Toshiba
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Copy Link

    Related Posts

    What To Expect At Microsoft Build 2025: Copilot Upgrades, Smarter Windows, And More |

    May 13, 2025

    Groww Glitch Turns Users Into Millionaires—Others See Huge Losses; Netizens React, Company Clearifies… |

    May 13, 2025

    iQOO Neo 10 India Launch Date Officially Announced, Could Debut With Snapdragon 8s Gen 4 Chipset; Check Expected Camera, Battery And Price |

    May 12, 2025

    India-Pakistan Conflict: iPhone And Android Users Turn On THIS Setting To Get Govt Alerts In Emergency |

    May 10, 2025

    Operation Sindoor: IT Ministry Shares Do’s And Don’ts For Internet Users Amid India-Pakistan Tensions |

    May 10, 2025

    India-Pakistan Tensions: Must-Have Safety Apps And Websites For Every Indian |

    May 10, 2025
    -Advertisement-
    Advertisement
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    © 2025 The Chhattisgarh. All Rights Reserved.
    • Contact Us
    • About Us
    • Terms & Conditions
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.