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

By: capt_nemo in ROUND | Recommend this post (0)
Tue, 20 Nov 12 11:17 AM | 111 view(s)
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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.

http://finance.yahoo.com/news/sharp-seeks-2-000-job-062703644.html?l=1

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.

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