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  1. www.japantimes.co.jp › business › 2024/05/16Toshiba to cut 4,000 jobs in restructuring ... - The Japan Times

    May 16, 2024 · 1X. Toshiba said on Thursday it will cut up to 4,000 jobs domestically as the industrial conglomerate accelerates its restructuring under new ownership. Toshiba delisted in December due to a $13...

  2. timesofindia.indiatimes.com › technology › tech-newsToshiba will cut about 4000 jobs, plans to move some office ...

    May 17, 2024 · Toshiba to cut 4,000 jobs in Japan under new ownership by Japan Industrial Partners, delisting from stock market. Challenges include management issues, scandals, accounting irregularities, and sale of memory chip business. Plans to move functions to Kawasaki, achieve 10% operating profit margin.

  3. www.japantimes.co.jp › business › 2024/05/17Toshiba takes advantage of private status ... - The Japan Times

    May 17, 2024 · The storied company, which delisted in December after a ¥2 trillion ($13 billion) takeover by private equity firm Japan Industrial Partners (JIP), is revamping its business with a bang.

  4. economictimes.indiatimes.com › news › internationalNewly privatised Toshiba to cut 4,000 jobs in restructuring drive

    May 16, 2024 · Toshiba announces plans to cut up to 4,000 jobs in Japan as part of restructuring efforts following its takeover by a consortium led by Japan Industrial Partners. The move aims to accelerate the turnaround of the conglomerate, reflecting a broader trend of companies resorting to job cuts amid economic challenges.

  5. www.linkedin.com › pulse › toshiba-cut-4000-jobsToshiba to cut 4,000 jobs as part of restructuring drive: Report

    May 17, 2024 · The development comes after Toshiba's delisting in December after a $13 billion takeover by a consortium led by private equity firm Japan Industrial Partners (JIP) Toshiba announced on...

  6. www.businessworld.in › article › toshiba-to-4000-jobToshiba To 4,000 Job Cuts As Restructuring Accelerates

    May 16, 2024 · BW Online Bureau May 16, 2024. # Toshiba. # Layoffs. Toshiba, once a titan in the Japanese corporate landscape, underwent a USD 13 billion takeover led by a consortium spearheaded by private...

  7. english.kyodonews.net › news › 2024/05/9c94db897e9aToshiba to cut 6% of domestic workforce in big revamp after ...

    May 16, 2024 · Toshiba's delisting in December came after a 2 trillion yen ($13 billion) buyout from a consortium led by Japan Industrial Partners Inc. as part of efforts to rebuild its business following a spate of problems in the 2010s, ranging from an accounting scandal to massive losses at its U.S. nuclear arm.