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Sharp seeks 2,000 job cuts, gets 3,000 volunteers

Monday, November 19, 2012

WN.com - Business News
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Sharp seeks 2,000 job cuts, gets 3,000 volunteers
Nov 20th 2012, 06:50

TOKYO (Reuters) - Struggling Japanese TV maker Sharp Corp said on Tuesday about 3,000 of its workers volunteered for early redundancy, far more than the 2,000 it aims to lay off in a bid to trim costs amid mounting losses. Sharp said it will book a special loss of 25.3 billion yen ($312 million) for the October-December quarter to cover costs for the layoffs. ($1 = 81.1350...
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