Monday, December 21, 2015

Scandal-Hit Toshiba Warns Of $4.5 Bn Annual Loss, Job Cuts


Tokyo (AFP) - Crisis-hit Toshiba warned Monday it would book a record $4.5 billion annual loss and slash thousands of jobs, as the vast firm's shares plunged in Tokyo.

The moves are part of a restructuring announced in the wake of an embarrassing accounting scandal that rocked one of Japan's...
Scandal-Hit Toshiba Warns Of $4.5 Bn Annual Loss, Job Cuts

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