Toshiba Plans Layoffs
- Share via
Associated Press
Citing worsening conditions in the semiconductor market, Japan’s Toshiba Corp. said it plans to slash nearly 5,000 jobs, or about 8% of it work force, and omit its interim dividend payment for the first time in half a century, as it forecast a loss for the year.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
