Today's Hard|Forum Post
Today's Hard|Forum Post

Wednesday August 29, 2012

Sharp to Cut 2,000 Jobs in First Layoffs in 60 Years

Sharp announced today that the company will cut its worldwide workforce by about 10% starting in Japan with the voluntary retirement of its older workers. About 2000 workers will retire through this reduction in an effort to reduce costs. An additional 2400 jobs will be eliminated outside of Japan by March 2013.

A statement released by the Osaka-based company explained it planned to shed the jobs آ– which amount to just over 6 percent of its 30,800 domestic workforce آ– through a voluntary retirement program